Georgia § 33-14-100 - Definitions.
Full text of Georgia Official Code of Georgia Annotated § 33-14-100 — Definitions., with citation guidance and answers to common questions.
§ 33-14-100. Definitions.
As used in this article, the term: "Limited purpose subsidiary" means a subsidiary life, accident, and sickness reinsurer that is organized under this article and is wholly owned by an organizing domestic reinsurer. "Organizing domestic reinsurer" means a domestic life, accident, and sickness reinsurer that organizes a limited purpose subsidiary under this article. "Reinsurer" means an insurer that: Is principally engaged in the business of reinsurance; Does not conduct a significant amount of direct insurance as a percentage of the insurer's net premiums; and Is not engaged on an ongoing basis in the business of soliciting direct insurance. "Risk" means a risk that is associated with an insurance policy or annuity that is assumed by an organizing domestic reinsurer and for which the organizing domestic reinsurer is required to hold statutory reserves for the policy or annuity. (Code 1981, § 33-14-100 , enacted by Ga. L. 2011, p. 446, § 1/HB 341.)
Frequently Asked Questions About Georgia § 33-14-100
What does Official Code of Georgia Annotated § 33-14-100 cover?
Section 33-14-100 ("Definitions.") 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 § 33-14-100?
A common citation format is "Official Code of Georgia Annotated § 33-14-100" (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 § 33-14-100 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.