Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)

O.C.G.A. § 33-14-77: Insurance — O.C.G.A. § 33-14-77

What this law says, in plain English

When a domestic mutual insurer is liquidated, remaining assets are distributed to members from the prior 12 months based on their share of premiums earned, unless the commissioner extends the period to prevent intentional member reduction.

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.