Georgia § 33-24-17 - Assignment of policies.

Full text of Georgia Official Code of Georgia Annotated § 33-24-17 — Assignment of policies., with citation guidance and answers to common questions.

§ 33-24-17. Assignment of policies.

A policy may be assignable or not assignable, as provided by its terms. Subject to its terms relating to assignability, any life or accident and sickness policy issued under the terms of which the beneficiary may be changed upon the sole request of the policy owner may be assigned either by pledge or by transfer of title by an assignment executed by the policy owner alone and delivered to the insurer, whether or not the pledgee or assignee is the insurer. Any assignment shall entitle the insurer to deal with the assignee as the owner or pledgee of the policy in accordance with the terms of the assignment until the insurer has received at its home office written notice of termination of the assignment or pledge or written notice by or on behalf of some other person claiming some interest in the policy in conflict with the assignment. (Code 1933, § 56-2423, enacted by Ga. L. 1960, p. 289, § 1.)

Source: official Georgia text · Last verified 2026-08-27

Frequently Asked Questions About Georgia § 33-24-17

What does Official Code of Georgia Annotated § 33-24-17 cover?

Section 33-24-17 ("Assignment of policies.") 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 § 33-24-17?

A common citation format is "Official Code of Georgia Annotated § 33-24-17" (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 § 33-24-17 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.