Ga. Comp. R. & Regs. 120-2-109-.09

Current through Rules and Regulations filed through October 29, 2024
Rule 120-2-109-.09 - Prohibition against Avoidance

No insurer that has Covered Policies as to which this regulation applies (as set forth in 120-2-109-.03) shall take any action or series of actions, or enter into any transaction or arrangement or series of transactions or arrangements if the purpose of such action, transaction or arrangement or series thereof is to avoid the requirements of this regulation, or to circumvent its purpose and intent, as set forth in 120-2-109-.02.

Ga. Comp. R. & Regs. R. 120-2-109-.09

O.C.G.A. §§ 33-2-9, 33-7-14.

Original Rule entitled "Prohibition against Avoidance" adopted. F. Jan. 13, 2022; eff. Jan. 1, 2022, as specified by the Agency.