Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-13 - CREDIT LIFE, ACCIDENT AND SICKNESS INSURANCE
Rule 120-2-13-.01 - Establishing Claims Account

It is hereby ordered that on and after July 1, 1955 any and all insurance companies writing Life and/or Health and Accident or Hospitalization Insurance in connection with loans made under the Georgia Industrial Loan Act shall place in a reserve account created and carried on the books of the company as "claims account," an amount not less than 20% of each premium dollar received on such insurance written in connection with said loans.

Ga. Laws 1960, p. 289, pp. 305 and 750, as amended.