Georgia § 34-9-167 Bond, liability insurance, and resident office of administrator

Georgia Statutes

§ 34-9-167 — Bond, liability insurance, and resident office of administrator

Georgia § 34-9-167

Title34

This text of Georgia § 34-9-167 (Bond, liability insurance, and resident office of administrator) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 34-9-167 (2026).

Text

(a)The Commissioner shall require each administrator to have and maintain a fidelity bond pursuant to Code Section 33-23-102 .

(b)Errors and omissions coverage or other appropriate liability insurance in an amount which is not less than that specified by the rules and regulations of the Commissioner shall be maintained at all times by an administrator of a fund; and a certificate by the insurer or other appropriate evidence of such coverage shall be filed with the Commissioner by the fund.

(c)Each administrator shall maintain an office in this state for the payment, processing, and adjustment of the claims of the fund or funds which it represents.

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(a) The Commissioner shall require each administrator to have and maintain a fidelity bond pursuant to Code Section 33-23-102 . (b) Errors and omissions coverage or other appropriate liability insurance in an amount which is not less than that specified by the rules and regulations of the Commissioner shall be maintained at all times by an administrator of a fund; and a certificate by the insurer or other appropriate evidence of such coverage shall be filed with the Commissioner by the fund. (c) Each administrator shall maintain an office in this state for the payment, processing, and adjustment of the claims of the fund or funds which it represents.