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 120-2-15 - REPORTING OF POLICY CANCELLATIONS AND NONRENEWALS
Rule 120-2-15-.01 - Definitions
Current through Rules and Regulations filed through September 23, 2024
For the purpose of this Regulation Chapter, the following definitions shall apply:
(a) For the purposes of this Regulation Chapter and for the purpose of implementing and interpreting O.C.G.A. § 33-24-46, the term "residential real property" shall mean any property on which the policy is issued to a natural person or persons insuring a specifically described owner occupied one (1) or two (2) family dwelling, including condominium, manufactured housing, standard fire, homeowners, farmowners, and contents policies.
(b) For purposes of this Regulation Chapter, the terms "cancellation" and "nonrenewal" shall be defined as in O.C.G.A. §§ 33-24-44 and 33-24-46.
O.C.G.A. Sec. 33-2-9, 33-24-44, 33-24-45, 33-24-46, 33-39-1, 33-39-15.
