O.C.G.A. § 33-14-97: Promulgation of rules and regulations by Commissioner; effect of rules and regulations upon liability under Code Sections 33-14-91 through 33-14-93.
Where this section sits in the code
- TITLE 33 Insurance
- CHAPTER 14 Domestic Stock and Mutual Insurers
- Article 4 Insider Trading of Domestic Stock Insurer Equity Securities
(a) The Commissioner shall have the power to make any reasonable rules and regulations as may be necessary for the execution of the functions vested in him by this article and may for that purpose classify domestic stock insurers, securities, and other persons or matters within his jurisdiction.
(b) No provision of Code Sections 33-14-91 through 33-14-93 imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule or regulation of the Commissioner notwithstanding that the rule or regulation may after the act or omission be amended or rescinded or determined by judicial or other authority to be invalid for any reason.
Collected 2026-09-17T19:34:57Z. Source file · JSON