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2019 Georgia Code
Title 33 - Insurance
Chapter 23 - Licensing
Article 1 - Agents, Agencies, Subagents, Counselors, and Adjusters
§ 33-23-28. Scope of subagent's authority; record of transactions

Universal Citation: GA Code § 33-23-28 (2019)
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  • (a) A subagent's certificate of authority shall not cover any kind of insurance for which the sponsoring agent and subagent are not licensed.

  • (b) A subagent or limited subagent shall not have power to bind an insurer.

  • (c) All business transacted by a subagent under such subagent's license or limited subagent shall be in the name of the agent by whom the subagent or limited subagent is employed; and the agent shall be responsible for all the acts or omissions of the subagent or limited subagent within the scope of his or her employment.

  • (d) A record of each transaction shall be maintained jointly by the agent and the subagent or limited subagent.

History:

Code 1981, § 33-23-28, enacted by Ga. L. 1992, p. 2830, § 1; Ga. L. 1999, p. 878, § 6; Ga. L. 2001, p. 925, § 1; Ga. L. 2008, p. 1076, § 15/SB 113; Ga. L. 2019, p. 386, § 11/SB 133.

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