Georgia Code, Title 33, Chapter 56 - Risk-Based Capital Levels

• § 33-56-1 - Definitions
  As used in this chapter, the term: (1) "Adjusted RBC report" means an RBC report which has been adjusted in accordance with subsection (e)...
• § 33-56-2 - Annual Risk-Based Capital Level Report Required; Computations
  (a) Every domestic insurer shall, on or prior to each March 1, prepare and submit to the Commissioner a report of its RBC levels,...
• § 33-56-3 - Company Action Level Events; Preparation and Submission of Risk-Based Capital Level Plan; Hearing; Out-Of-state Filing
  (a) As used in this Code section, "company action level event" means any of the following events: (1) The filing of an RBC report...
• § 33-56-4 - Regulatory Action Level Events; Preparation and Submission of Risk-Based Capital Level Plan; Determination of Corrective Actions; Hearing; Expenses
  (a) For the purposes of this Code section, "regulatory action level event" means, with respect to any insurer, any of the following events: (1)...
• § 33-56-5 - Authorized Control Level Events; Actions by Commissioner
  (a) For the purposes of this Code section, "authorized control level event" means any of the following events: (1) The filing of an RBC...
• § 33-56-6 - Mandatory Control Level Events; Actions by Commissioner
  (a) For purposes of this Code section, "mandatory control level event" means any of the following events: (1) The filing of an RBC report...
• § 33-56-7 - Notification to Insurer of Determination or Action by Commissioner; Right to Hearing
  Upon notification: (1) To an insurer by the Commissioner of an adjusted RBC report; (2) To an insurer by the Commissioner that: (A) The...
• § 33-56-8 - Confidentiality of Certain Information and Corrective Orders
  (a) Notwithstanding the provisions of Article 4 of Chapter 18 of Title 50, all RBC reports, to the extent the information therein is not...
• § 33-56-9 - Chapter Supplemental to Other Laws; Exemption for Certain Domestic Property and Casualty Insurance
  (a) The provisions of this chapter are supplemental to any other provisions of the laws of this state and shall not preclude or limit...
• § 33-56-10 - Foreign Insurers; Responsibility of Domestic Insurers to Other States
  (a) Any foreign insurer shall, upon the written request of the Commissioner, submit to the Commissioner an RBC report as of the end of...
• § 33-56-11 - Immunity of Commissioner and Department
  There shall be no liability on the part of, and no cause of action shall arise against, the Commissioner or the insurance department or...
• § 33-56-12 - Severability
  In the event any section, subsection, sentence, clause, or phrase of this chapter shall be declared or adjudged invalid or unconstitutional, such adjudication shall...
• § 33-56-13 - Effective Date of Notices by Commissioner
  All notices by the Commissioner to an insurer which may result in regulatory action under this chapter shall be effective upon dispatch if transmitted...

Last modified: October 14, 2016