Georgia Code, Title 33, Chapter 63 - Guaranteed Asset Protection Waivers

• § 33-63-1 - Legislative Findings
  The General Assembly finds that guaranteed asset protection waivers are not insurance. All guaranteed asset protection waivers issued after the date of enactment of...
• § 33-63-2 - Purpose; Exemptions From Applicability of Chapter; Guaranteed Asset Protection Waivers Exempt From State's Insurance Laws
  (a) The purpose of this chapter is to provide a framework within which guaranteed asset protection waivers are defined and may be offered within...
• § 33-63-3 - Definitions
  The following terms are defined for purposes of this chapter and are not intended to provide actual terms required in guaranteed asset protection waivers:...
• § 33-63-4 - Offering, Selling, or Providing to Borrowers Guaranteed Asset Protection Waivers
  (a) Guaranteed asset protection waivers may be offered, sold, or provided to borrowers in this state in compliance with this chapter.(b) Guaranteed asset protection...
• § 33-63-5 - Contractual Liability or Other Insurance Policies
  (a) Contractual liability or other insurance policies insuring guaranteed asset protection waivers must state the obligation of the insurer to reimburse or pay to...
• § 33-63-6 - Required Disclosures
  Guaranteed asset protection waivers must disclose, as applicable, in writing and in clear, understandable language that is easy to read, the following: (1) The...
• § 33-63-7 - Cancellation
  (a) Guaranteed asset protection waiver agreements may be cancelable or noncancelable after the free look period. Guaranteed asset protection waivers must provide that if...
• § 33-63-8 - Exempted Commercial Transactions
  Subsection (c) of Code Section 33-63-4 and Code Sections 33-63-6 and 33-63-9 shall not be applicable to a guaranteed asset protection waiver offered in...
• § 33-63-9 - Commissioner of Insurance to Enforce Provisions; Penalty for Violations
  The Commissioner of Insurance may take action which is necessary or appropriate to enforce the provisions of this chapter and to protect guaranteed asset...

Last modified: October 14, 2016