Georgia § 33-50-7 - Required disclosure statements.
Full text of Georgia Official Code of Georgia Annotated § 33-50-7 — Required disclosure statements., with citation guidance and answers to common questions.
§ 33-50-7. Required disclosure statements.
Every application for benefits and every benefit plan issued by a multiple employer self-insured health plan shall contain in contrasting color, in not less than ten-point type, the following statements: The plan is a self-insured plan, and benefits are not guaranteed by a licensed insurer; The plan is not covered by the Georgia Life and Health Guaranty Association; This is a fully assessable benefit plan. In the event that the multiple employer self-insured health plan is unable to pay its obligations, participating employers shall be required to contribute on a joint and several basis the funds necessary to meet any unpaid obligations; and Certain other major protections offered to Georgia residents under the Georgia Insurance Code and Rules and Regulations, such as conversion rights and certain mandated or required benefits, may not be available through the multiple employer self-insured plan. (Code 1981, § 33-50-7 , enacted by Ga. L. 1991, p. 1021, § 1; Ga. L. 2010, p. 757, § 5/SB 310.)
Frequently Asked Questions About Georgia § 33-50-7
What does Official Code of Georgia Annotated § 33-50-7 cover?
Section 33-50-7 ("Required disclosure statements.") 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 § 33-50-7?
A common citation format is "Official Code of Georgia Annotated § 33-50-7" (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 § 33-50-7 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.