O.C.G.A. § 33-23-43.6: Funds held in fiduciary capacity; authorization for disclosure.
Where this section sits in the code
- TITLE 33 Insurance
- CHAPTER 23 Licensing
- Article 1 Agents, Agencies, Subagents, Counselors, and Adjusters
(a) All funds received as claim proceeds by an adjuster acting as a public adjuster are received and held by such adjuster in a fiduciary capacity. Such adjuster shall not divert or misappropriate fiduciary funds received or held.
(b) An applicant for a license to act as a public adjuster shall, as part of the application, endorse an authorization for disclosure to the Commissioner of all financial records of any funds such adjuster holds and will hold as a fiduciary. The authorization continues in force and effect for as long as such adjuster continues to be licensed under this article.
Collected 2026-09-17T19:34:57Z. Source file · JSON