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of
the Georgia Code
2006 Georgia Code - 33-22-2
33-22-2. As used in this chapter, the term:
(1) 'Insurance premium finance
agreement' means an agreement by which an insured or prospective
insured promises to pay to a premium finance company the amount
advanced or to be advanced under the agreement to an insurer or to
an insurance agent or insurance broker in payment of premiums on an
insurance contract together with a service charge as authorized and
limited by this chapter. (2)
'Insurance premium finance company' means a person engaged in the
business of entering into insurance premium finance
agreements. (3) 'Licensee'
means an insurance premium finance company holding a license issued
by the Commissioner under this chapter.
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