2020 Georgia Code
Title 33 - Insurance
Chapter 9 - Regulation of Rates, Underwriting Rules, and Related Organizations
§ 33-9-33. Payment of Dividends, Savings, or Unabsorbed Premium Deposits by Insurers
Nothing in this chapter shall be construed to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers. A plan for the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers shall not be deemed a rating plan or system.
(Code 1933, § 56-537, enacted by Ga. L. 1967, p. 684, § 1.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 43 Am. Jur. 2d, Insurance, § 79 et seq.
C.J.S.- 44 C.J.S., Insurance, §§ 180, 196 et seq.
ALR.
- Apportionment of divisible surplus of insurance company between different policies, 108 A.L.R. 1212.
Dividends on policies as violation of statutory prohibition of rebate, remission, refund, or other discrimination in respect of premiums, 137 A.L.R. 1029.
