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04 LC 28 1735S/AP
House Bill 1499 (AS PASSED HOUSE
AND SENATE)
By: Representatives Keen of the 146th, Dodson of the 84th, Post 1, and Harper of the 88th, Post 2
By: Representatives Keen of the 146th, Dodson of the 84th, Post 1, and Harper of the 88th, Post 2
A BILL TO BE
ENTITLED
AN ACT
AN ACT
To amend Code Section 33-34-3 of the Official Code of
Georgia Annotated, relating to requirements for the issuance of motor vehicle
liability insurance, so as to reduce the amount of advance payment for coverage
from the first 60 days of coverage to the first 30 days of coverage; to provide
for related matters; to provide an effective date; to repeal conflicting laws;
and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF
GEORGIA:
SECTION 1.
Code Section 33-34-3 of the Official Code of Georgia
Annotated, relating to requirements for the issuance of motor vehicle liability
insurance, is amended by striking subparagraph (A) of paragraph (4) of
subsection (a) and inserting in lieu thereof a new subparagraph (A) to read as
follows:
"(4)(A) No insurer shall issue a policy of motor vehicle liability insurance without requiring advance payment for the first60 30 days of
coverage. Insurers may rely on the
insured´s
statements in the policy application for the purpose of calculating the initial
payment required by this paragraph. This paragraph shall not apply to any
renewal or continuation of a policy, to any replacement of a policy where there
is no lapse of coverage, or to any personal automobile policy issued in
connection with an employer sponsored payroll deduction plan. This paragraph
shall apply only to personal automobile or family-type automobile liability
insurance
policies."
"(4)(A) No insurer shall issue a policy of motor vehicle liability insurance without requiring advance payment for the first
SECTION 2.
This Act shall become effective on January 1,
2005.
SECTION 3.
All laws and parts of laws in conflict with this Act are
repealed.