Georgia Code
Article 10 - Self-Insurers Guaranty Trust Fund
§ 34-9-382. Establishment of Self-Insurers Guaranty Trust Fund; Use of Fund; Application to Be Accepted in Fund

History. Code 1981, § 34-9-382 , enacted by Ga. L. 1990, p. 770, § 1; Ga. L. 2010, p. 126, § 4/HB 1101; Ga. L. 2016, p. 287, § 8/HB 818.
The 2016 amendment, effective July 1, 2016, substituted the present provisions of the fourth sentence of subsection (a) for the former provisions, which read: “The board of trustees shall be authorized to invest the moneys of the fund in the same manner as provided by law for investments in government backed securities.”; substituted the present provisions of subsection (c) for the former provisions, which read: “As a condition of self-insurance, all private employers, except any governmental self-insurer or other employer who elects to group self-insure pursuant to Code Section 34-9-152, captive insurers as provided for in Chapter 41 of Title 33, or employers who, pursuant to any reciprocal agreements or contracts of indemnity executed prior to March 8, 1960, created funds for the purpose of satisfying the obligations of self-insured employers under this chapter, must make application to and be accepted in the Self-insurers Guaranty Trust Fund.”; and added subsection (d).

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