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 120-2-3 - REGULATIONS REGARDING AGENTS, SUBAGENTS, COUNSELORS, ADJUSTERS, SURPLUS LINES BROKERS, AND AGENCIES
Rule 120-2-3-.22 - Subagent Certificate of Authority
Current through Rules and Regulations filed through September 23, 2024
(1) Agents shall file new applications and submit the required fees for a subagent certificate of authority immediately upon appointment of a subagent.
(2) Every three (3) years, each subagent certificate of authority must be renewed with the Commissioner. The Commissioner will provide a subagent certificate of authority renewal notice to all sponsoring agents prior to the expiration date. The sponsoring agent shall renew the subagent certificate of authority and pay the required fee.
(3) The sponsoring agent immediately upon termination of any subagent's certificate of authority must file the appropriate required form.
O.C.G.A Secs. 33-2-9, 33-8-1, 33-23-27, 33-23-28, 33-23-44.
