Georgia § 33-47-3 - License required; surety bond; errors and omissions policy.
Full text of Georgia Official Code of Georgia Annotated § 33-47-3 — License required; surety bond; errors and omissions policy., with citation guidance and answers to common questions.
§ 33-47-3. License required; surety bond; errors and omissions policy.
No person, firm, association, or corporation shall act in the capacity of a managing general agent with respect to risks located in this state for an insurer licensed in this state unless such person is a licensed producer in this state. No person, firm, association, or corporation shall act in the capacity of a managing general agent representing an insurer domiciled in this state with respect to risks located outside this state unless such person is licensed as a producer in this state pursuant to the provisions of this chapter. The Commissioner may require the managing general agent to maintain a surety bond in an amount acceptable to him for the protection of the insurer. The Commissioner may require the managing general agent to maintain an errors and omissions policy. (Code 1981, § 33-47-3 , enacted by Ga. L. 1991, p. 1424, § 8.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 33-47-3
What does Official Code of Georgia Annotated § 33-47-3 cover?
Section 33-47-3 ("License required; surety bond; errors and omissions policy.") 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 § 33-47-3?
A common citation format is "Official Code of Georgia Annotated § 33-47-3" (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 § 33-47-3 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.