Georgia § 33-10-10 - Title insurance, required reserves.
Full text of Georgia Official Code of Georgia Annotated § 33-10-10 — Title insurance, required reserves., with citation guidance and answers to common questions.
§ 33-10-10. Title insurance, required reserves.
In addition to an adequate reserve as to outstanding losses as required under Code Section 33-10-5, a title insurer shall maintain a guaranty fund or unearned premium reserve of not less than an amount computed as follows: Ten percent of the total amount of the risk premiums written in the calendar year for title insurance contracts shall be assigned originally to the reserve; and During each of the 20 years next following the year in which the title insurance contract was issued, the reserve applicable to the contract may be reduced by 5 percent of the original amount of the reserve. (Code 1933, § 56-911, enacted by Ga. L. 1960, p. 289, § 1; Ga. L. 2019, p. 337, § 1-58/SB 132.) The 2019 amendment, effective July 1, 2019, deleted "hereafter" following "risk premiums" in paragraph (1). Cross references. - Definition of title insurance, § 33-7-8 .
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-10-10
What does Official Code of Georgia Annotated § 33-10-10 cover?
Section 33-10-10 ("Title insurance, required reserves.") 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 § 33-10-10?
A common citation format is "Official Code of Georgia Annotated § 33-10-10" (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 § 33-10-10 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.