07 LC 28
3483
Senate
Bill 192
By:
Senators Shafer of the 48th, Hill of the 4th, Thomas of the 54th, Hooks of the
14th and Hudgens of the 47th
AS
PASSED SENATE
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Chapter 34 of Title 33 of the Official Code of Georgia Annotated, relating
to motor vehicle accident reparations, so as to provide that a person who has
been granted a valid certificate of self-insurance in another state may qualify
as a self-insurer in this state; to provide for related matters; to repeal
conflicting laws; and for other purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Chapter
34 of Title 33 of the Official Code of Georgia Annotated, relating to motor
vehicle accident reparations, is amended by revising paragraph (1) of subsection
(a) of Code Section 33-34-5.1, relating to self-insurers, as
follows:
"(a)(1)
Except as otherwise provided in paragraphs (2) and (3) of this subsection, any
person in whose name one or more vehicles are registered in this state
or who has
been granted a valid certificate of self-insurance pursuant to the laws of
another state may qualify as a
self-insurer by obtaining a certificate of self-insurance from the Commissioner
of Insurance. The Commissioner of Insurance may, in his or her discretion, upon
the application of such person, issue such a certificate when he or she is
satisfied that such person has and will continue to have the ability to provide
coverages, benefits, and claims-handling procedures substantially equivalent to
those afforded by a policy of vehicle insurance in compliance with
Chapter 34
of Title 33
this
chapter."
SECTION
2.
All
laws and parts of laws in conflict with this Act are repealed.