2016 Georgia Code
Title 33 - Insurance
Chapter 41 - Captive Insurance Companies
§ 33-41-7. Directors
(a) The affairs of every captive insurance company shall be managed by not less than three directors.
(b) At least one of the directors of every captive insurance company shall be a resident of this state, and a majority of the directors shall be citizens of the United States.
(c) Every captive insurance company shall report to the Commissioner within 30 days after any change in its directors including in its report a statement of the business and professional background and affiliations of any new director.
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.
