Ga. Code § 33-14-21
Current through 2023-2024 Legislative Session Chapter 709
The total expenses of organization of any insurer organized under this chapter including commissions for the sale of stock shall not exceed 12 1/2 percent of the amount for which the stock is sold in the case of a stock insurer and 12 1/2 percent of the paid-in surplus in the case of a mutual insurer.
OCGA § 33-14-21