2010 Georgia Code 33-23-28 Case Law
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One Click Case Law for § 33-23-28
O.C.G.A. § 33-23-27 <-- --> O.C.G.A. §33-23-29-1



2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 23 - LICENSING OF AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS
ARTICLE 1 - AGENTS, AGENCIES, SUBAGENTS, COUNSELORS, AND ADJUSTERS
§ 33-23-28 - Scope of subagent's authority; record of transactions

O.C.G.A. 33-23-28 (2010)
33-23-28. Scope of subagent's authority; record of transactions


(a) A subagent's certificate of authority shall not cover any kind of insurance for which the sponsoring agent and subagent are not licensed.

(b) A subagent or limited subagent shall not have power to bind an insurer.

(c) All business transacted by a subagent under such subagent's license or limited subagent shall be in the name of the agent by whom the subagent or limited subagent is employed; and the agent shall be responsible for all the acts or omissions of the subagent or limited subagent within the scope of his or her employment.

(d) A record of each transaction shall be maintained by both the agent and the subagent or limited subagent.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com