Ga. Comp. R. & Regs. 120-2-76-.06

Current through Rules and Regulations filed through October 29, 2024

Rule 120-2-76-.06 - Underwriting of Insurance

Nothing in this Regulation Chapter shall authorize a state or federally chartered bank or other federally insured lending institution to itself directly assume the obligation to provide the benefits of an insurance contract or otherwise undertake to perform the obligations of an insurance contract.

Ga. Comp. R. & Regs. R. 120-2-76-.06

O.C.G.A. Secs. 33-2-9, 33-3-2, 33-3-23.

Original Rule entitled "Underwriting of Insurance" adopted. F. Feb. 18, 1997; eff. Mar. 10, 1997.