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Article 1 - General Provisions
§ 33-37-1. Construction and Purpose of Chapter - History. Code 1981, § 33-37-1 , enacted by Ga. L....
§ 33-37-2. Applicability - The proceedings authorized by this chapter may be applied to:...
§ 33-37-3. Definitions - As used in this chapter, the term: For purposes of...
§ 33-37-4. Jurisdiction; Exclusiveness of Remedy; Venue; Change of Venue - History. Code 1981, § 33-37-4 , enacted by Ga. L....
§ 33-37-5. Grounds for Restraining Orders and Injunctions; Rights Regarding Collateral Pledged by Insurer-Member; Process and Timeline; Options for Renewal or Restructuring of Loan - History. Code 1981, § 33-37-5 , enacted by Ga. L....
§ 33-37-6. Cooperation With Commissioner Mandated; Penalties for Failure to Cooperate - History. Code 1981, § 33-37-6 , enacted by Ga. L....
§ 33-37-8. Prohibition Against Release From Proceedings or Continuing Business - No insurer that is subject to any delinquency proceedings, whether...
§ 33-37-8.1. Immunity of Receivers and Employees; Indemnification; Attorney’s Fees; Approval of Settlement - History. Code 1981, § 33-37-8.1 , enacted by Ga. L....
Article 2 - Procedure for Delinquency Proceeding
§ 33-37-9. Commencing Formal Delinquency Proceeding; Ex Parte Seizure Order; Hearing and Review of Order; Notice - History. Code 1981, § 33-37-9 , enacted by Ga. L....
§ 33-37-10. Confidentiality of Proceedings - In all proceedings and judicial reviews thereof under Code Section...
Article 3 - Procedure for Rehabilitation
§ 33-37-11. Petition for Rehabilitation; Grounds - The Commissioner may apply by petition to the Superior Court...
§ 33-37-12. Order to Rehabilitate; Commissioner to Be Appointed as Rehabilitator; Effect of Order - History. Code 1981, § 33-37-12 , enacted by Ga. L....
§ 33-37-13. Authority of Rehabilitator; Additional Remedies; Rehabilitation Plan - History. Code 1981, § 33-37-13 , enacted by Ga. L....
§ 33-37-14. Effect of Rehabilitation Order on Pending Litigation; Standing of Guaranty Association to Participate in Rehabilitation - History. Code 1981, § 33-37-14 , enacted by Ga. L....
§ 33-37-15. Petition for Order of Liquidation; Defense; Payment of Costs and Expenses; Order Terminating Rehabilitation - History. Code 1981, § 33-37-15 , enacted by Ga. L....
§ 33-37-16. Grounds for Order of Liquidation - The Commissioner may petition the superior court for an order...
§ 33-37-17. Commissioner Appointed as Liquidator; Seizure and Administration of Assets; Effect of Filing Order; Petition for Declaration of Insolvency; Financial Reports; Plan for Continued Performance Pending Appeal - History. Code 1981, § 33-37-17 , enacted by Ga. L....
§ 33-37-18. Termination of Policy Coverage - History. Code 1981, § 33-37-18 , enacted by Ga. L....
§ 33-37-19. Petition for Dissolution of Corporate Existence - The Commissioner may petition for an order dissolving the corporate...
§ 33-37-20. Powers of Liquidator - History. Code 1981, § 33-37-20 , enacted by Ga. L....
§ 33-37-21. Notice of Liquidation - History. Code 1981, § 33-37-21 , enacted by Ga. L....
§ 33-37-22. Responsibility of Agent to Provide Information; Penalty for Violation - History. Code 1981, § 33-37-22 , enacted by Ga. L....
§ 33-37-23. Stay of Collateral Proceedings Against Insurer; Authority of Liquidator to Intervene In, and Defend, Out-of-State Action - History. Code 1981, § 33-37-23 , enacted by Ga. L....
§ 33-37-24. Time for Filing List of Assets; Reducing Assets to Liquidity - History. Code 1981, § 33-37-24 , enacted by Ga. L....
§ 33-37-25. Fraudulent Transfers or Obligations Incurred; Avoidance - History. Code 1981, § 33-37-25 , enacted by Ga. L....
§ 33-37-26. Transfer of Property in Good Faith; Recording Copy of Petition as Notice of Seizure of Property - History. Code 1981, § 33-37-26 , enacted by Ga. L....
§ 33-37-26.1. Limitations on Ability of Receiver to Void Transfer of Certain Property in Connection With Federal Home Loan Bank Security Agreement; Transfer Avoidance Under Certain Circumstances - The receiver for an insurer shall not void any transfer...
§ 33-37-27. Preferential Transfers; Liens; When Transfer Perfected; Avoidance; Transfer for New and Contemporaneous Consideration; Payments to Attorneys; Personal Liability of Participants - History. Code 1981, § 33-37-27 , enacted by Ga. L....
§ 33-37-28. Disallowing Preferred Creditor’s Claims - History. Code 1981, § 33-37-28 , enacted by Ga. L....
§ 33-37-29. Mutual Debts and Credits - History. Code 1981, § 33-37-29 , enacted by Ga. L....
§ 33-37-30. Liquidator’s Report to Court; Assessment Against Members of Insurer; Procedure When Assessment Not Paid - History. Code 1981, § 33-37-30 , enacted by Ga. L....
§ 33-37-31. Liability of Reinsurers - The amount recoverable by the liquidator from reinsurers shall not...
§ 33-37-32. Premiums Due During Pendency of Liquidation Action; Penalties for Violation; Notice; Right to Appeal - History. Code 1981, § 33-37-32 , enacted by Ga. L....
§ 33-37-33. Application for Approval of Proposal to Disburse Assets; Notice - History. Code 1981, § 33-37-33 , enacted by Ga. L....
§ 33-37-34. Proof of Claims; Late Filing - History. Code 1981, § 33-37-34 , enacted by Ga. L....
§ 33-37-35. Contents of Proof of Claim; Effect of Judgment or Order Within Four Months Of, or After, Filing Petition for Liquidation - History. Code 1981, § 33-37-35 , enacted by Ga. L....
§ 33-37-36. Third-Party Contingent Claim; Claims Due in Future; Claims Under Employment Contracts - History. Code 1981, § 33-37-36 , enacted by Ga. L....
§ 33-37-37. Third-Party Claim Against Insured - History. Code 1981, § 33-37-37 , enacted by Ga. L....
§ 33-37-38. Procedure When Claim Denied - History. Code 1981, § 33-37-38 , enacted by Ga. L....
§ 33-37-39. When Third Person Subrogated to Rights of Creditor - Whenever a creditor whose claim against an insurer is secured,...
§ 33-37-40. Determining Value of Security Held by Secured Creditor - History. Code 1981, § 33-37-40 , enacted by Ga. L....
§ 33-37-41. Priority of Distribution of Claims - For all claims in insolvencies, the priority of distribution of...
§ 33-37-42. Authority of Liquidator to Compound, Compromise, or Negotiate Claims; Report to Court - History. Code 1981, § 33-37-42 , enacted by Ga. L....
§ 33-37-43. Payment of Distributions - Under the direction of the court, the liquidator shall pay...
§ 33-37-44. Disposition of Unclaimed Funds Subject to Distribution - History. Code 1981, § 33-37-44 , enacted by Ga. L....
§ 33-37-45. Liquidator’s Application for Discharge - History. Code 1981, § 33-37-45 , enacted by Ga. L....
§ 33-37-46. Reopening Liquidation Proceedings - After the liquidation proceeding has been terminated and the liquidator...
§ 33-37-47. Retention or Destruction of Records - Whenever it shall appear to the Commissioner that the records...
§ 33-37-48. Receivership Audits - The superior court may, as it deems desirable, cause audits...
Article 4 - Liquidation Proceedings
§ 33-37-49. Commissioner Appointed as Conservator of Alien or Foreign Insurer’s Property; Grounds - History. Code 1981, § 33-37-49 , enacted by Ga. L....
§ 33-37-50. Commissioner Appointed as Liquidator of Foreign or Alien Insurer’s Assets; Grounds - History. Code 1981, § 33-37-50 , enacted by Ga. L....
§ 33-37-51. Title to Property of Insurer Domiciled in Another State; Rights of Resident Claimants - History. Code 1981, § 33-37-51 , enacted by Ga. L....
§ 33-37-52. Commissioner as Ancillary Receiver for Insurer Not Domiciled in This State - History. Code 1981, § 33-37-52 , enacted by Ga. L....
§ 33-37-53. Commissioner’s Cooperation With Officials of Domiciliary State of Foreign or Alien Insurer - The Commissioner in his sole discretion may institute proceedings under...
§ 33-37-54. Rights of Nonresident Claimants in Proceeding Against Domiciliary Insurer - History. Code 1981, § 33-37-54 , enacted by Ga. L....
§ 33-37-55. Rights of Resident Claimants in Proceeding in Another State Against Nondomiciliary Insurer - History. Code 1981, § 33-37-55 , enacted by Ga. L....
§ 33-37-56. Stay of Proceedings During Pendency of Liquidation Proceeding - During the pendency in this or any other state of...
§ 33-37-57. Superiority of Order of Distribution Issued by Domiciliary State; Priority of Payment and Claims; Rights of Secured Creditors - History. Code 1981, § 33-37-57 , enacted by Ga. L....
§ 33-37-58. Failure of Ancillary Receiver to Transfer Assets - If an ancillary receiver in another state or foreign country,...