P&CGeorgiamedium

Which of the following is NOT a statutory ground under O.C.G.A. § 33-23-21 for the Georgia Commissioner to deny, suspend, or revoke a producer license?

Q: Which of the following is NOT a statutory ground under O.C.G.A. § 33-23-21 for the Georgia Commissioner to deny, suspend, or revoke a producer license?

The appointing insurer falling below RBC requirements — O.C.G.A. § 33-23-21 lists producer-specific misconduct as the grounds for license action: felonies of moral turpitude, fraud, misappropriation of fiduciary funds, material application misrepresentation, and unfair trade practices. An insurer's solvency or RBC status is regulated separately under Title 33 Chapter 56 and does not impair the producer's individual license.

The appointing insurer falling below RBC requirements

BConviction of a felony involving moral turpitude

CMisappropriation of premium funds held in a fiduciary capacity

DMaterial misrepresentation on the license application

Why this is the answer

O.C.G.A. § 33-23-21 lists producer-specific misconduct as the grounds for license action: felonies of moral turpitude, fraud, misappropriation of fiduciary funds, material application misrepresentation, and unfair trade practices. An insurer's solvency or RBC status is regulated separately under Title 33 Chapter 56 and does not impair the producer's individual license.

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