Ga. Comp. R. & Regs. 120-2-62-.02
Current through Rules and Regulations filed through June 17, 2024
The purpose of this regulation is to implement Chapter 52 of Title 33 of the Official Code of Georgia Annotated to provide for the regulation of the transfer and novation of contracts of insurance by way of assumption reinsurance. This chapter sets forth a "Notice of Transfer" and "Second Notice of Transfer" pursuant to O.C.G.A Section 33-52-3(a) and an "Application for Approval of Assumption Reinsurance Agreement" pursuant to O.C.G.A. Sections 33-52-3(b) and 33-52-6.
Ga. Comp. R. & Regs. R. 120-2-62-.02
O.C.G.A. Secs. 33-2-9, 33-52-3, 33-52-6.