Ga. Code § 33-41-20.1

Current through 2023-2024 Legislative Session Chapter 709
Section 33-41-20.1 - Membership of captive insurance companies in Georgia Insurers Insolvency Pool
(a) Every association and industrial insured captive insurance company issuing workers' compensation insurance contracts shall become a member of the Georgia Insurers Insolvency Pool under Chapter 36 of this title as to workers' compensation only. Such captive insurance companies shall be liable for assessments pursuant to Code Section 33-36-7 and for all other obligations imposed pursuant to Chapter 36 of this title as to workers' compensation only.
(b) Except as provided for in Code Section 33-36-20, the Georgia Insurers Insolvency Pool shall not be liable for any claims incurred by any captive insurance company before January 1, 2008.

OCGA § 33-41-20.1

Amended by 2019 Ga. Laws 186,§ 1-2, eff. 7/1/2019.
Amended by 2010 Ga. Laws 666,§ 4, eff. 6/4/2010.
Added by 2007 Ga. Laws 132,§ 2, eff. 1/1/2008.