Ga. Comp. R. & Regs. 120-2-45-.19
Current through Rules and Regulations filed through December 24, 2024
A person is prohibited from transacting insurance in this state without first obtaining a certificate of authority to operate as a captive insurance company or registering as a risk retention group. Failure to obtain a certificate of authority or make the required registration is a violation of Georgia law and the procurement of insurance from any person that has not obtained a certificate of authority or has not registered with the Commissioner shall subject such person to procurement taxes imposed by the Georgia law.
Ga. Comp. R. & Regs. R. 120-2-45-.19
O.C.G.A. §§ 33-40-4, 33-41-4, 33-41-23.