Rule 120-2-34-.05. Application for Certificate of Authority

Each application for an original Certificate of Authority shall be made on Form GID-261-RS, entitled "Application for Certificate of Authority for Group Self-Insurance Fund." The application must be accompanied by all stipulated documents including, but not limited to: GID-261-RS, GID-265-RS, GID-266-RS, GID-267-RS and GID-271-RS as well as the required, non-refundable filing fee specified in O.C.G.A. § 33-8-1 and adhere to the following conditions:

1. (a) Conditional on acceptance of the Fund under previous section.
2. (b) The Commissioner's decision on "Notice of Intent" is not binding on the "Certificate of Authority."
3. (c) The application must be submitted within ninety (90) days of the first signed intrastate agreement.
4. (d) If the application is not filed within six (6) months of the acceptance of the "Notice of Intent," the Commissioner's acceptance of the "Notice of Intent" is withdrawn.
5. (e) The Commissioner has ninety (90) days, from the date the application is received, to accept or reject the application.
6. (f) No application for a Certificate of Authority shall be deemed complete until all information requested, whether of any member, trustee, or administrator of the Fund, or of the Fund itself, is provided to the Commissioner.

Authority: O.C.G.A. §§ 33-2-9, 34-9-174, 50-13-21.

History. Original Rule entitled "Application for Membership in Fund" was filed on March 16, 1982; effective April 15, 1982, by Order of the Insurance Commissioner.

Repealed: New Rule of same title adopted. F. May 9, 1990; eff. June 15, 1990, as specified by the Agency.

Repealed: New Rule entitled "Application for Certificate of Authority" adopted. F. Nov. 4, 1997; eff. Nov. 24, 1997.

Amended: F. Mar. 5, 2025; eff. Mar. 25, 2025.