2010 Georgia Code
TITLE 33 - INSURANCE
CHAPTER 12 - ADMINISTRATION OF DEPOSITS
§ 33-12-5 - Rights of insurers as to recovery, exchange, and inspection of deposits generally

O.C.G.A. 33-12-5 (2010)
33-12-5. Rights of insurers as to recovery, exchange, and inspection of deposits generally


So long as the insurer remains solvent and complies with this title it may:

(1) Demand, receive, institute an action for, and recover the income from the securities deposited;

(2) Exchange and substitute for the deposited securities or any part thereof, with the approval of the Commissioner, eligible securities of equivalent or greater value; and

(3) Inspect at reasonable times any deposit.

Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.