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 120-2-34 - GROUP SELF-INSURANCE FUNDS
Rule 120-2-34-.11 - Execution of Intrastate Agreement

Universal Citation: GA Rules and Regs r 120-2-34-.11

Current through Rules and Regulations filed through September 23, 2024

The following requirements must be met for the Intrastate Agreement to be properly executed:

(a) The member must sign the signature page, or resolution if a government entity, certifying that:

1. The member subscribes to and abides by the Intrastate Agreement: the entire document does not have to be signed;

2. The member has received a copy of the Intrastate Agreement;

3. The member is aware of joint and several liability.

(b) A copy of the signed Intrastate Agreement shall be provided to the member.

(c) After approval by the Commissioner, amendments to the Intrastate Agreement only become effective after providing written notice to all members.

Ga. L. 1960, pp. 289, 305; Ga. L. 1981, pp. 1759, 1778; O.C.G.A. Secs. 33-2-9, 34-9-174.

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