Georgia § 33-10-11 - Requirement of special reserve for certain bonds.
Full text of Georgia Official Code of Georgia Annotated § 33-10-11 — Requirement of special reserve for certain bonds., with citation guidance and answers to common questions.
§ 33-10-11. Requirement of special reserve for certain bonds.
In lieu of the unearned premium reserve required on surety insurance under subsection (a) of Code Section 33-10-6, the Commissioner may require any surety insurer or limited surety insurer to set up and maintain a reserve on all bail bonds or other single premium bonds without definite expiration data, furnished in judicial proceedings, equal to 25 percent of the total consideration charged for any bonds as are outstanding as of the date of any then current financial statement of the insurer. (Code 1933, § 56-917, enacted by Ga. L. 1973, p. 499, § 2; Ga. L. 2019, p. 337, § 1-59/SB 132.) The 2019 amendment, effective July 1, 2019, inserted "then" near the end of this Code section.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-10-11
What does Official Code of Georgia Annotated § 33-10-11 cover?
Section 33-10-11 ("Requirement of special reserve for certain bonds.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 33-10-11?
A common citation format is "Official Code of Georgia Annotated § 33-10-11" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 33-10-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.