SB 381 — Surplus Line Insurance; nonadmitted insurer domiciled in this state will be deemed a domestic surplus lines insurer if certain criteria are met; provide
Senate Date Signed by Governor
A BILL to be entitled an Act to amend Article 2 of Chapter 5 of Title 33 of the Official Code of Georgia Annotated, relating to surplus line insurance, so as to provide that a nonadmitted insurer domiciled in this state will be deemed a domestic surplus lines insurer if certain criteria are met; to provide a definition; to provide for criteria; to provide for tax assessment; to provide for certain protection exceptions; to provide for financial and solvency requirements; to provide for exemptions; to provide for related matters; to repeal conflicting laws; and for other purposes.
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