{"data":{"id":"us-ga/o.c.g.a.-33-37-16","jurisdiction":"us-ga","citation":"O.C.G.A. § 33-37-16","heading":"Grounds for order of liquidation.","body":"The Commissioner may petition the superior court for an order directing him to liquidate a domestic insurer or an alien insurer domiciled in this state on the basis:\n(1) Of any ground for an order of rehabilitation as specified in Code Section 33-37-11, whether or not there has been a prior order directing the rehabilitation of the insurer;\n(2) That the insurer is insolvent; or\n(3) That the insurer is in such condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors, or the public.","path":["TITLE 33 Insurance","CHAPTER 37 Insurers Rehabilitation and Liquidation","Article 3 Procedure for Rehabilitation"],"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":"7500dee0e4de4b404e0c1f55e9221e18e7e7acea43ee6f700b88322b976a1d84","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-33-37-15","next":"us-ga/o.c.g.a.-33-37-17"},"notice":"GroundRules: Original legal text. Not legal advice."}