reglab/housing_qa huggingface dataset:
GA Code § 33-16-14 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-14. Limitations on Amounts of Risks

  The maximum amount of insurance that a farmers' mutual fire insurance company may retain on any subject or subjects of insurance reasonably exposed to loss from the same fire shall not exceed 10 percent of its surplus.   In determining the amount at risk and retained by the insurer, any valid and applicable reinsurance authorized shall be deducted from the gross amount of risk directly assumed by the insurer.    (Code 1933, § 56-2012, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1981, p. 809, § 2; Ga. L. 1986, p. 510, § 1; Ga. L. 1989, p. 688, § 2; Ga. L. 1996, p. 705, § 7; Ga. L. 2000, p. 847, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-15 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-15. Reinsurance

 A farmers' mutual fire insurance company shall not accept reinsurance of the risk of any other insurer.   (Ga. L. 1923, p. 113, § 17; Code 1933, § 56-1424; Code 1933, § 56-2007, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)   RESEARCH REFERENCES   ALR.   - Who may enforce liability of reinsurer, 87 A.L.R.6th 319.
GA Code § 33-16-16 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-16. Liability of Members for Losses and Expenses of Companies

 No member of such insurer shall be liable to assessment to pay losses and expenses accruing prior to the time his policy became effective nor for losses and expenses accruing after termination or expiration of the policy.   (Code 1933, § 56-2019, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-17 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-17. Actions by or Against Companies

 Companies organized under this chapter may bring and defend actions in the name under which they are doing business.   (Code 1933, § 56-2020, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-18 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-18. Filing of Annual Statement With Commissioner

 Every farmers' mutual fire insurance company shall, on or before March 1 of each year, make and file with the Commissioner an annual statement of its business as of December 31 of the preceding year, on the form prescribed by the Commissioner.   (Code 1933, § 56-2016, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-19 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-19. Examination of Companies by Commissioner; Payment of Costs of Examinations

 The Commissioner shall at least once in five years, or as often as he or she deems necessary, examine farmers' mutual fire insurance companies. The costs of the examination shall be paid by the company.   (Code 1933, § 56-2018, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-20 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-20. Exemption From Taxes, Costs, and Fees

 Any company organized under this chapter shall be exempt from all taxes, costs, and fees, including those listed in Chapter 8 of this title, except as expressly provided in this chapter and except taxes payable upon real and personal property owned by the company.   (Code 1933, § 56-2017, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-16-21 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-21. Applicability of Other Provisions of Title to Companies

 In addition to this chapter, farmers' mutual fire insurance companies shall be subject to the following chapters of this title to the extent so applicable: Chapters 1, 2, 5, 6, 12, and 37, and Article 1 of Chapter 11.   (Code 1933, § 56-2022, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)   OPINIONS OF THE ATTORNEY GENERAL   Only listed chapters apply.   - Since the General Assembly specifically spelled out the portions of this title which apply to farm mutual companies, the chapters not specifically named have no application to such companies. 1960-61 Op. Att'y Gen. p. 272.
GA Code § 33-16-22 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 16 - Farmers' Mutual Fire Insurance Companies|§ 33-16-22. Conversion of Companies Into Mutual Insurance Companies

 Any company organized under this chapter may be converted into a mutual insurance company by complying with the applicable provisions of Chapter 14 of this title.   (Code 1933, § 56-2021, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2012, p. 1040, § 1/SB 203.)
GA Code § 33-17-1 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-1. Definitions

 As used in this chapter, the term:    "Attorney" means the attorney in fact of a reciprocal insurer. The attorney may be an individual, firm, or corporation.   "Reciprocal insurance" means insurance resulting from an interexchange among persons, known as subscribers, of reciprocal agreements of indemnity, the interexchange being effectuated through an attorney in fact common to all such persons; provided, however, that reciprocal agreements or contracts of indemnity executed prior to March 8, 1960, creating funds for the purpose of satisfying the obligations of self-insured employers under Chapter 9 of Title 34 shall not be deemed reciprocal insurance as defined in this Code section.   "Reciprocal insurer" means an unincorporated aggregation of subscribers operating individually and collectively through an attorney in fact to provide reciprocal insurance among themselves.    (Code 1933, §§ 56-2101, 56-2102, 56-2106, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1964, p. 287, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 72.   C.J.S.   - 46A C.J.S., Insurance, §§ 2368 et seq.
GA Code § 33-17-2 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-2. Applicability of Chapter

  All authorized reciprocal insurers shall be governed by those Code sections of this chapter not expressly made applicable to domestic reciprocal insurers.   Authorized reciprocal insurers shall comply with this chapter and shall make any amendments to their subscribers' agreement, power of attorney, policies, and other documents and accounts and perform any other acts as may be required for such compliance.    (Code 1933, § 56-2103, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 337, § 1-79/SB 132.)    The 2019 amendment,  effective July 1, 2019, in subsection (b), substituted "Authorized reciprocal insurers shall comply" for "Existing authorized reciprocal insurers shall after January 1, 1961, comply" at the beginning and substituted "for such compliance" for "for that compliance" at the end.
GA Code § 33-17-3 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-3. Authorization of Transaction of Insurance by Reciprocal Insurers Generally

 A reciprocal insurer may be authorized to transact insurance in this state subject to the applicable provisions of this title.   (Code 1933, § 56-2102, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-17-4 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-4. Types of Insurance in Which Reciprocal Insurers Authorized to Transact Business; Reinsurance

  A reciprocal insurer may, upon qualifying as a reciprocal insurer as provided for by this title, transact any kind or kinds of insurance defined by this title other than life or title insurance.   A reciprocal insurer may purchase reinsurance upon the risk of any subscriber and may grant reinsurance as to any kind of insurance it is authorized to transact directly.    (Code 1933, § 56-2104, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 73.   C.J.S.   - 46A C.J.S., Insurance, § 2386 et seq.   ALR.    - Who may enforce liability of reinsurer, 103 A.L.R. 1485.
GA Code § 33-17-5 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-5. Requirements as to Name; Actions by and Against Insurers

 A reciprocal insurer shall:    Have and use a business name. The name shall include the word "reciprocal" or "interinsurer" or "interinsurance" or "exchange" or "underwriters" or "underwriting"; and   Bring and defend actions in its own name.    (Code 1933, § 56-2105, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 72.   C.J.S.   - 46A C.J.S., Insurance, § 2368 et seq.
GA Code § 33-17-6 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-6. Procedure for Incorporation of Domestic Reciprocal Insurer Generally; Application for Certificate of Authority; Execution and Filing by Attorney of Declaration; Contents of Declaration

  Twenty-five or more persons domiciled in this state may organize a domestic reciprocal insurer and make application to the Commissioner for a certificate of authority to transact insurance.   The proposed attorney shall fulfill the requirements of and shall execute and file with the Commissioner when applying for a certificate of authority a declaration setting forth:   The name of the insurer;   The location of the insurer's principal office, which shall be the same as that of the attorney and shall be maintained within this state;   The kinds of insurance proposed to be transacted;   The names and addresses of the original subscribers;   The designation and appointment of the proposed attorney and a copy of the power of attorney;   The names and addresses of the officers and directors of the attorney, if a corporation, or its members, if a firm;   The powers of the subscribers' advisory committee and the names and terms of office of the members of the committee;   That all moneys paid to the reciprocal shall, after deducting therefrom any sum payable to the attorney, be held in the name of the insurer and for the purposes specified in the subscribers' agreement;   A copy of the subscribers' agreement;   A statement that each of the original subscribers has in good faith applied for insurance of a kind proposed to be transacted, and that the insurer has received from each such subscriber the full premium or premium deposit required for which the subscriber has applied for a term of not less than six months at an adequate rate that has been filed with and approved by the Commissioner;   A statement of the financial condition of the insurer, a schedule of its assets, and a statement that the surplus as required by Code Section 33-17-16 is on hand; and   A copy of each policy, endorsement, and application form it then proposes to issue or use.     Such declaration shall be acknowledged by the attorney before an officer authorized to take acknowledgments.    (Code 1933, § 56-2108, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 74.   C.J.S.   - 46A C.J.S., Insurance, § 2386 et seq.
GA Code § 33-17-7 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-7. Issuance of Certificate of Authority; Refusal, Suspension, or Revocation of Certificate of Authority; Renewal of Certificate; Payment of Fees and Taxes

  The certificate of authority to transact business of a reciprocal insurer shall be issued to its attorney in the name of the insurer.   The Commissioner may refuse, suspend, or revoke the certificate of authority to transact business, in addition to other grounds for refusal, suspension, or revocation, for failure of the attorney to comply with any provision of this title.   The certificate shall be renewed annually and shall be issued and renewed upon payment of the fees required of insurers under this title.   Each holder of a certificate of authority to transact business of a reciprocal insurer shall pay all fees required by this title and shall pay all of the taxes required by law to be paid by companies doing a like business in this state.    (Code 1933, § 56-2109, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 72 et seq.   C.J.S.   - 46A C.J.S., Insurance, § 2386 et seq.
GA Code § 33-17-8 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-8. Filing of Bond by Attorney for Insurer; Amount of Bond; Cancellation of Bond

  Concurrently with the filing of the declaration provided for in Code Section 33-17-6, the attorney of a domestic reciprocal insurer shall file with the Commissioner a bond in favor of the Commissioner for the benefit of all persons damaged as a result of breach by the attorney of the conditions of his or her bond as set forth in subsection (b) of this Code section. The bond shall be executed by the attorney and by an authorized corporate surety and shall be subject to the Commissioner's approval.   The bond shall be in the penal sum of $25,000.00, aggregate in form, conditioned that the attorney will faithfully account for all moneys and other property of the insurer coming into his or her hands and that he or she will not withdraw or appropriate to his or her own use from the funds of the insurer any moneys or property to which he or she is not entitled under the power of attorney.   The bond shall provide that it is not subject to cancellation unless 30 days' advance notice in writing of cancellation is given to both the attorney and the Commissioner.    (Code 1933, § 56-2112, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 337, § 1-80/SB 132.)    The 2019 amendment,  effective July 1, 2019, inserted "or her" in the first sentence of subsection (a) and twice in subsection (b), and inserted "or she" twice in subsection (b).
GA Code § 33-17-9 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-9. Maintenance by Attorney of Deposit in Lieu of Bond

 In lieu of the bond required under Code Section 33-17-8, the attorney may maintain on deposit with the state through the office of the Commissioner a like amount in cash or in value of securities qualified for deposit under Chapter 11 of this title, subject to the same conditions as the bond.   (Code 1933, § 56-2113, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-17-10 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-10. Actions on Attorney's Bond or Deposit

 Action on the attorney's bond or to recover against a deposit made in lieu of the bond may be brought at any time by one or more subscribers suffering loss through a violation of its conditions or by the Commissioner as liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of the bond.   (Code 1933, § 56-2114, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-17-11 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-11. Rights and Powers of Attorney for Insurer Generally; Contents and Terms of Power of Attorney; Furnishing of Copy of Power of Attorney to Subscribers

  The rights and powers of the attorney of a reciprocal insurer shall be as provided in the power of attorney given to it by the subscribers.   The power of attorney must set forth:   The powers of the attorney;   That the attorney is authorized to accept service of process on behalf of the insurer in actions against the insurer upon contracts exchanged;   The general services to be performed by the attorney;   The maximum amounts to be deducted from advance premiums or deposits to be paid to the attorney and the general items of expense in addition to losses to be paid by the insurer; and   Except as to nonassessable policies, a provision for a contingent several liability of each subscriber in a specified amount, which amount shall be not less than one nor more than ten times the premium or premium deposit stated in the policy.     The power of attorney may:   Provide for the right of substitution of the attorney and revocation of the power of attorney and rights thereunder;   Impose any restrictions upon the exercise of the power as are agreed upon by the subscribers;   Provide for the exercise of any right reserved to the subscribers directly or through their advisory committee; and   Contain other lawful provisions deemed advisable.     The terms of any power of attorney or agreement collateral to such power shall be reasonable and equitable and shall be subject to review and approval by the Commissioner.   A copy of the power of attorney shall be furnished each subscriber.    (Code 1933, § 56-2110, enacted by Ga. L. 1960, p. 289, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 74.   C.J.S.   - 46A C.J.S., Insurance, § 2387.
GA Code § 33-17-12 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-12. Effect of Discharge of Duties by Attorney of Foreign or Alien Insurer; Office of Attorney

  The attorney of a foreign or alien reciprocal insurer, which insurer is duly authorized to transact insurance in this state, shall not, by virtue of discharge of his or her duties as such attorney with respect to the insurer's transactions in this state, be thereby deemed to be doing business in this state within the meaning of any laws of this state applying to foreign firms or corporations.   The office of the attorney shall be maintained at such place as is designated by the subscribers in the power of attorney.    (Code 1933, § 56-2106, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 337, § 1-81/SB 132.)    The 2019 amendment,  effective July 1, 2019, inserted "or her" in subsection (a).   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 74.   C.J.S.   - 46A C.J.S., Insurance, § 2387.
GA Code § 33-17-13 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-13. Designation by Insurer of Person to Acknowledge or Accept Service of Process; Manner of Service of Process; Effect of Judgment Based Upon Process Served in Manner Prescribed

  Every reciprocal insurer authorized to transact business in this state shall file with the Commissioner a written statement or power of attorney duly signed and sealed appointing and authorizing some person, who shall be a resident of this state, to acknowledge or accept service of process for and in behalf of such reciprocal insurer, and upon whom all process may be served against said reciprocal insurer, in all proceedings that may be instituted against the reciprocal insurer in any of the courts of this state or of the United States, and consenting that service of process upon any agent or attorney appointed under this Code section shall be as valid as if served on the reciprocal insurer.   Legal process shall be served upon the reciprocal insurer by serving the insurer's attorney at his or her principal office in this state or by serving the Commissioner as the insurer's agent.   Any judgment based upon legal process served in the manner prescribed in subsection (b) of this Code section shall be binding upon each of the insurer's subscribers as their respective interests may appear but in an amount not exceeding their respective contingent liabilities, if any, as though personal service of process was had upon each subscriber.    (Code 1933, § 56-2115, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 337, § 1-82/SB 132.)    The 2019 amendment,  effective July 1, 2019, inserted "or her" in subsection (b).   Cross references.   - Service of process generally, § 9-11-4.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 77.   C.J.S.   - 44 C.J.S., Insurance, § 146. 46A C.J.S., Insurance, § 2163 et seq.
GA Code § 33-17-14 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-14. Subscribers' Advisory Committee

  The advisory committee of a domestic reciprocal insurer exercising the subscribers' rights shall be selected under such rules as the subscribers adopt.   The committee shall:   Supervise the finances of the insurer;   Supervise the insurer's operations to such extent as to assure conformity with the subscribers' agreement and power of attorney;   Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and   Have any additional powers and functions as may be conferred by the subscribers' agreement.      (Code 1933, § 56-2120, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-17-15 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-15. Modifications of Terms of Subscribers' Agreement or of Power of Attorney

 Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney and the subscribers' advisory committee. No modification shall be effective until it has been filed with and approved by the Commissioner, and no modification shall be effective retroactively. Furthermore, no modification shall affect any insurance contract issued prior to the modification.   (Code 1933, § 56-2111, enacted by Ga. L. 1960, p. 289, § 1.)
GA Code § 33-17-16 (2021)
2021 Georgia Code|Title 33 - Insurance|Chapter 17 - Reciprocal Insurers|§ 33-17-16. General Requirements for Transaction of Insurance by Domestic Reciprocal Insurers

  A domestic reciprocal insurer formed under this chapter, if it has otherwise complied with the applicable provisions of this title, may be authorized to transact insurance if it has and thereafter maintains surplus funds as follows:   To transact property insurance, surplus funds of not less than $1.5 million; and   To transact casualty insurance, surplus funds of not less than $1.5 million.     In addition to surplus required to be maintained under subsection (a) of this Code section, the insurer shall have, when first authorized to transact insurance, expendable surplus in such amount as is required of a like foreign reciprocal insurer under Code Section 33-3-7.   A domestic reciprocal insurer may be authorized to transact additional kinds of insurance if it has otherwise complied with the provisions of this title applicable to a domestic reciprocal insurer and possesses and so maintains surplus funds in an amount equal to the minimum paid-in capital stock required of a stock insurer for authority to transact a like combination of kinds of insurance.   There shall be maintained at all times assets in cash, premium balances, or securities authorized by the laws of this state for the investment of assets of insurance companies doing a similar business in an amount equivalent to the pro rata unearned premiums or deposits of subscribers and reserves for losses outstanding and unpaid or any other liabilities of the reciprocal insurer.    (Code 1933, § 56-2107, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 1990, p. 1275, § 6.)   Editor's notes.   - Ga. L. 1990, p. 1275, § 7, not codified by the General Assembly, provided that the 1990 amendment was effective for purposes of application to new or newly admitted insurers on January 1, 1991, and effective for all other purposes on July 1, 1992.   RESEARCH REFERENCES   Am. Jur. 2d.   - 43 Am. Jur. 2d, Insurance, § 72 et seq.   C.J.S.   - 46A C.J.S., Insurance, §§ 2368 et seq.