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O.C.G.A. § 33-17-1 <-- --> O.C.G.A. §33-17-11

2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 17 - RECIPROCAL INSURERS
§ 33-17-10 - Actions on attorney's bond or deposit

O.C.G.A. 33-17-10 (2010)
33-17-10. Actions on attorney's bond or deposit


Action on the attorney's bond or to recover against a deposit made in lieu of the bond may be brought at any time by one or more subscribers suffering loss through a violation of its conditions or by the Commissioner as liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of the bond.