{"data":{"id":"us-ga/o.c.g.a.-33-17-21","jurisdiction":"us-ga","citation":"O.C.G.A. § 33-17-21","heading":"Standards for determination by Commissioner of financial condition of insurer.","body":"In determining the financial condition of a reciprocal insurer, the Commissioner shall apply the following rules:\n(1) He shall charge as liabilities the same reserves as are required of incorporated insurers issuing nonassessable policies on a reserve basis;\n(2) The surplus deposits of subscribers shall be allowed as assets, except that any premium deposits delinquent for 90 days shall first be charged against such surplus deposit;\n(3) The surplus deposits of subscribers shall not be charged as a liability;\n(4) All premium deposits delinquent less than 90 days shall be allowed as assets;\n(5) An assessment levied upon subscribers and not collected shall not be allowed as an asset;\n(6) The contingent liability of subscribers shall not be allowed as an asset; and\n(7) The computation of reserves shall be based upon premium deposits other than membership fees without any deduction for expenses and the compensation of the attorney.","path":["TITLE 33 Insurance","CHAPTER 17 Reciprocal Insurers"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.33.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"774df0e9b550bf482286d05b4c57790c2f1066933bf4ad122e6524accd8d226e","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-33-17-20","next":"us-ga/o.c.g.a.-33-17-22"},"notice":"GroundRules: Original legal text. Not legal advice."}