Georgia Code
Chapter 59 - Life Settlements
§ 33-59-12. Determining Governing Law When Multiple Owners

History. Code 1981, § 33-59-12 , enacted by Ga. L. 2009, p. 370, § 1/SB 61; Ga. L. 2019, p. 533, § 1-24/HB 99.
The 2019 amendment, effective July 1, 2019, deleted former subsection (a), which read: “The Commissioner may promulgate regulations implementing this chapter and regulating the activities and relationships of providers, life settlement brokers, insurers, and their agents subject to statutory limitations on administrative rule making.”; and redesignated former paragraphs (b)(1) through (b)(3) as present subsections (a) through (c), respectively.
Editor’s notes.
Ga. L. 2009, p. 370, § 1/SB 61, effective July 1, 2009, redesignated former Code Section 33-59-12 as present Code Section 33-59-14.

Structure Georgia Code

Georgia Code

Title 33 - Insurance

Chapter 59 - Life Settlements

§ 33-59-1. Short Title

§ 33-59-2. Definitions

§ 33-59-3. License Requirements; Representation of Producers; Exceptions; Application and Renewal; Fees; Licenses for Legal Entities; Investigations; Nonresident Applicants; Required Information From Provider; Continued Training Requirements

§ 33-59-4. Suspension, Revocation, or Refusal to Renew Licenses; Grounds; Hearing Required

§ 33-59-5. Filing of Contracts and Disclosure Statements With the Commissioner; Approval or Disapproval

§ 33-59-6. Filing of Annual Statement With the Commissioner; Confidential Information

§ 33-59-7. Examination of Licensees and Businesses; Record Retention Requirements; Examination Reports; Orders; Hearings; Confidentiality of Examination Information; Conflict of Interest; Immunity; Investigative Authority of the Commissioner

§ 33-59-8. Advertising

§ 33-59-9. Required Written Disclosures; Consequence for Failure to Provide

§ 33-59-10. Lender-Financed Premiums Using Policy as Collateral; Disclosures and Certifications

§ 33-59-11. Required Documents and Information; Confidentiality; Seller’s Right to Rescind; Escrow Proceedings; Failure to Tender Consideration; Limitation on Contracts With the Insured for the Purpose of Determining the Insured’s Health Status

§ 33-59-12. Determining Governing Law When Multiple Owners

§ 33-59-13. Unlawful Activities Deemed Fraudulent Life Settlement Act

§ 33-59-14. Violations; Required Statement; Reporting of Fraudulent Acts to the Commissioner; Immunity for Providing Information Concerning Fraudulent Acts; Confidentiality of Documents and Evidence; Mandatory Adoption of Antifraud Initiatives by Pro...

§ 33-59-15. Remedies and Penalties for Violations; Procedural Issues

§ 33-59-16. Fraudulent Life Settlement Acts Prohibited; Criminal and Civil Penalties; Revocation of License

§ 33-59-17. Unfair Trade Practice