Georgia § 33-41-4 - Prerequisites to transacting insurance.
Full text of Georgia Official Code of Georgia Annotated § 33-41-4 — Prerequisites to transacting insurance., with citation guidance and answers to common questions.
§ 33-41-4. Prerequisites to transacting insurance.
No captive insurance company may transact any insurance in this state unless: It first obtains from the Commissioner a certificate of authority authorizing it to transact insurance in this state; It maintains its principal place of business in this state; Any organization providing the principal administrative or management services to such captive insurance company shall be approved by the Commissioner; Its board of directors or board of managers holds at least one meeting each year in this state; and It appoints a registered agent to accept service of process in this state, provided that, whenever such registered agent cannot with reasonable diligence be found at the registered office of the captive insurance company, the Commissioner shall be an agent of such captive insurance company upon whom any process, notice, or demand may be served. (Code 1981, § 33-41-4 , enacted by Ga. L. 1988, p. 966, § 2; Ga. L. 2015, p. 377, § 1-2/HB 552; Ga. L. 2016, p. 825, § 1/SB 347; Ga. L. 2017, p. 682, § 3/SB 173; Ga. L. 2019, p. 533, § 2-4/HB 99.) The 2019 amendment, effective July 1, 2019, deleted "and" at the end of paragraph (3), substituted "; and" for the period at the end of paragraph (4), and added paragraph (5).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-41-4
What does Official Code of Georgia Annotated § 33-41-4 cover?
Section 33-41-4 ("Prerequisites to transacting insurance.") 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 § 33-41-4?
A common citation format is "Official Code of Georgia Annotated § 33-41-4" (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 § 33-41-4 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.