Georgia Senate
SB 142 - Surplus Line Insurance - revise conditions relative to placement

Sponsor and CoSponsors
Langford, Steve E Madden, Eddie M Ray, Walter S
Links / Committees / Status
Summary / Full Text SC: I&L HC:
F/R: 01/24/95 L/A: 01/24/95 S - Read 1st time
Titles Amended: 33
Bill List Legislation List Secretary's Page

First Reader Summary

A bill to amend Title 33 of the Official Code of Georgia Annotated, relating to the regulation of insurance, so as to revise conditions relative to the placement of surplus line insurance; to revise penalties for violations by surplus line brokers; to allow surplus line insurance to be placed with certain groups containing corporate underwriters under certain conditions; to allow credit for reinsurance ceded to groups of incorporated and individual unincorporated underwriters.

Actions Taken

               SENATE                         HOUSE 
             1/24/95   Read 1st time                        

Code Sections

Code Sections amended: 33-5-21, 33-5-25, 33-7-14

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Office of the Secretary of the Senate
Frank Eldridge, Jr., Secretary of the Senate
Last Updated on 01/08/97