Georgia House of Representatives
HB 541 - Workers' comp; group self- insurance funds; surety bonds

Sponsor and CoSponsors
Bannister, Charles E
Links / Committees / Status
Summary / Full Text HC: IndR SC:
F/R: 02/02/95 L/A: 02/03/95 H - Read 2nd Time
Titles Amended: 34
Bill List Legislation List Clerk's Page

First Reader Summary

A BILL to amend Article 5 of Chapter 9 of Title 34 of the Official Code of Georgia Annotated, relating to group self-insurance funds for workers' compensation purposes, so as to eliminate the use of surety bonds in lieu of deposits of securities; to provide that deposits of securities shall be adjusted to reflect changes in the membership of the fund; to increase the amount of surplus required of a fund; to eliminate the use of surety bonds to meet surplus requirements; and for other purposes.

Actions Taken

               HOUSE                          SENATE
               -------------------------------------
              2/2/95   Read 1st Time                        
              2/3/95   Read 2nd Time                        

Code Sections

Code Sections amended: 34-9-161, 34-9-162


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Office of the Clerk of the House
Robert E. Rivers, Jr., Clerk of the House
Last Updated on 01/08/97