§ 33-14-2 - Definitions
O.C.G.A. 33-14-2 (2010)
33-14-2. Definitions
As used in this chapter, the term:
(1) "Mutual insurer" means an incorporated insurer without capital stock or shares which is owned and governed by its policyholders.
(2) "Stock insurer" means an incorporated insurer with capital divided into shares and owned by its shareholders.