{"data":{"id":"us-ga/o.c.g.a.-33-52-5","jurisdiction":"us-ga","citation":"O.C.G.A. § 33-52-5","heading":"Novation of insurance contract.","body":"If a transfer takes place pursuant to Code Section 33-52-4, there shall be a novation of the contract of insurance subject to the assumption reinsurance agreement with the result that the transferring insurer shall thereby be relieved of all insurance obligations or risks transferred under the assumption reinsurance agreement and the assuming insurer shall become directly and solely liable to the policyholder for those insurance obligations or risks.","path":["TITLE 33 Insurance","CHAPTER 52 Assumption Reinsurance Agreements"],"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":"4cd5eaad3ba0779fdd60431f631d52bce6c395035457e77db6ab861279fa16bd","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-33-52-4","next":"us-ga/o.c.g.a.-33-52-6"},"notice":"GroundRules: Original legal text. Not legal advice."}