05 LC 28
2518
Senate
Bill 365
By:
Senator Shafer of the 48th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
provide a short title; to amend Code Section 33-24-47.1 of the Official Code of
Georgia Annotated, relating to notice required of termination or nonrenewal,
increase in premium rates, or change restricting coverage, so as to provide for
the provision of notice by electronic transmission under certain circumstances;
to provide for related matters; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
This
Act shall be known and may be cited as the "Electronic Insurance Notification
Act."
SECTION
2.
Code
Section 33-24-47.1 of the Official Code of Georgia Annotated, relating to notice
required of termination or nonrenewal, increase in premium rates, or change
restricting coverage, is amended by adding a new subsection (f) to read as
follows:
"(f)
Notwithstanding any provision of this Code section to the contrary, any notice
required to be given pursuant to this Code section may be made by electronic
transmission, provided that such transmission is verifiable, provides proof of
receipt, and is in compliance with such standards as the Commissioner may
establish by rule or
regulation."
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.