Title 33, Chapter 35, Section 18
( 33-35-18)
If the Commissioner finds that any prepaid legal services plan or
its sponsor: (1) has failed to comply with any provision of this
chapter; (2) is fraudulently operated; (3) is in such condition as
to render further plan operations hazardous to the public interest
or the interest of subscribers; (4) is financially unable to meet
its obligations and claims as they come due; or (5) has violated any
other law, he may apply to the Superior Court of Fulton County for
an injunction. The court may immediately issue a temporary
injunction restraining the transaction of any business by the plan;
and it may after a full hearing make the injunction permanent and
appoint one or more receivers to take possession of the books,
papers, moneys, and other assets of the plan to settle its affairs
and distribute its funds to those entitled to such funds, subject to
such rules and orders as the court may prescribe. If it appears that
a crime has been committed in connection with the sale,
advertisement, administration, or management of any prepaid legal
services plan, the Attorney General of this state may pursue the
appropriate criminal action. |