§ 33-41-11 - Refusal, suspension, or nonrenewal of certificate; expiration, renewal, amendment

O.C.G.A. 33-41-11 (2010)
33-41-11. Refusal, suspension, or nonrenewal of certificate; expiration, renewal, amendment


(a) The certificate of authority of a captive insurance company to transact insurance in this state may be refused, suspended, or not be renewed pursuant to Code Sections 33-3-17 through 33-3-19, inclusive.

(b) A certificate of authority shall expire, be renewed, and be amended by the Commissioner pursuant to Code Section 33-3-16.