34-23-1
Section 34-23-1 Definitions. For the purpose of this chapter, the following words and phrases
shall have the following meanings: (1) ASSOCIATION. The Alabama Pharmacy Association. (2)
BIOLOGICAL PRODUCT. Has the same meaning as the term as defined in 42 U.S.C. §262. (3) BOARD
or STATE BOARD. The Alabama State Board of Pharmacy. (4) CHEMICAL. Any substance of a medicinal
nature, whether simple or compound, obtained through the process of the science and art of
chemistry, whether of organic or inorganic origin. (5) DISPENSE. To sell, distribute, administer,
leave with, give away, dispose of, deliver, or supply a drug or medicine to the ultimate user
or his or her agent. (6) DRUGS. All medicinal substances, preparations, and devices recognized
by the United States Pharmacopoeia and National Formulary, or any revision thereof, and all
substances and preparations intended for external and internal use in the cure, diagnosis,
mitigation, treatment, or prevention of disease in man or animal...
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34-27-58
Section 34-27-58 Acts constituting violation of article - Failure to place 50 percent of cash,
etc., received in escrow; failure to provide liability insurance, etc. (a) It shall be a violation
of this article for a seller of vacation time-sharing lease plans to fail to: (1) Place in
escrow 50 percent of the cash and receivables received from the purchasers of such plans,
such receivables to be assessed at net principal value. a. The purpose of such escrow account
is to protect the purchaser's right to a refund if at any time the accommodations and facilities
are no longer available as provided in the contract; provided however, nothing contained in
this section shall operate to deny the seller the option to repair, replace, or reconstruct,
within a reasonable time, the accommodations or facilities, if destroyed or damaged. b. The
purchaser shall be entitled to a refund from the escrow account upon the conditions described
above in an amount which represents the buyer's pro rata share...
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40-14B-4
Section 40-14B-4 Prohibited activities. (a) An insurance company or other persons who may have
state premium tax liability or the affiliates of the insurance companies or other persons
may not, directly or indirectly, do any of the following: (1) Manage a certified capital company.
(2) Beneficially own, whether through rights, options, convertible interests, or otherwise,
more than 15 percent of the outstanding voting securities of a certified capital company.
(3) Control the direction of investments for a certified capital company. (b) Not more than
one certified investor in any certified capital company or affiliates thereof, may provide
a guaranty, indemnity, bond, insurance policy, or other payment undertaking in favor of all
of the certified investors of the certified capital company and its affiliates. (c) Subsection
(a) applies without regard to whether the insurance company or other person or the affiliate
of the insurance company or other person is licensed by or transacts...
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27-31A-4
Section 27-31A-4 Risk retention groups not chartered in this state. Risk retention groups chartered
and licensed in states other than this state and seeking to do business as a risk retention
group in this state shall comply with the laws of this state as follows: (1) NOTICE OF OPERATIONS
AND DESIGNATION OF COMMISSIONER AS AGENT. a. Before offering insurance in this state, a risk
retention group shall submit to the commissioner both of the following: 1. A statement identifying
the state or states in which the risk retention group is chartered and licensed as a liability
insurance company, charter date, its principal place of business, and other information, including
information on its membership, as the commissioner of this state may require to verify that
the risk retention group is qualified pursuant to subdivision (11) of Section 27-31A-2. 2.
A copy of its plan of operations or feasibility study and revisions of the plan or study submitted
to the state in which the risk retention...
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27-6-15
Section 27-6-15 Release of deposit - Generally. (a) All deposits in this state made under this
title shall be held on deposit as long as there is outstanding any liability of the insurer
with respect to which the deposit was made. (b) Any such deposit shall be released and returned:
(1) To the insurer upon extinguishment by reinsurance in an insurer authorized to transact
such insurance in this state, or otherwise, of all liability of the insurer for the security
of which the deposit is held; (2) To the insurer during solvency, to the extent such deposit
is in excess of the amount required; or (3) Upon proper order of a court of competent jurisdiction,
to the receiver, conservator, rehabilitator, or liquidator of the insurer or to any other
properly designated official, or officials, who succeed to the management and control of the
insurer's assets. (c) The Treasurer shall release any such deposit, or part thereof, upon
written authorization of the commissioner and of the insurer or...
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6-5-522
Section 6-5-522 Evidence of medical expense reimbursement mitigates damages; cost of obtaining
reimbursement recoverable. In all product liability actions where damages for any medical
or hospital expenses are claimed and are legally recoverable for personal injury or death,
evidence that the plaintiff's medical or hospital expenses have been or will be paid or reimbursed
(1) by medical or hospital insurance, or (2) pursuant to the medical and hospital payment
provisions of law governing workmen's compensation, shall be admissible as competent evidence
in mitigation of such medical or hospital expense damages. In such actions upon admission
of evidence respecting reimbursement or payment of medical or hospital expenses, the plaintiff
shall be entitled to introduce evidence of the cost of obtaining reimbursement or payment
of medical or hospital expenses. Such portion of the costs of obtaining reimbursement or payment
of medical or hospital expenses as the trier of fact finds is...
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27-33-4
Section 27-33-4 Purpose and duration of trust. The deposit required by Section 27-33-2 shall
be for the benefit, security, and protection of the policyholders or policyholders and creditors
of the insurer in the United States. It shall be maintained as long as there is outstanding
any liability of the insurer arising out of its insurance transactions in the United States.
(Acts 1971, No. 407, p. 707, §659.)...
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36-29-18
Section 36-29-18 Generic equivalent medications. As a condition of participation in an insurance
policy of the State Employees Insurance Board (SEIB) a pharmacist shall dispense a generic
equivalent medication to fill a prescription for a patient covered by SEIB when one is available
unless the physician indicates in longhand writing on the prescription "medically Necessary"
or "dispense as written" or "do not substitute". The generic equivalent
drug product dispensed shall be pharmaceutically and therapeutically equivalent and contain
the same active ingredient, or ingredients, and shall be of the same dosage, form, and strength.
(Act 2002-266, p. 549, §1.)...
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6-5-500
Section 6-5-500 Intent of Legislature; legislative findings. It is the intent of the Legislature
that a comprehensive system consisting of the time for commencement of actions, for discoverability
of actions based upon insidious disease and the repose of actions shall be instituted in this
state. The Legislature finds that in order to assure the rights of all persons, and to provide
for the fair, orderly, and efficient administration of product liability actions in the courts
of this state, a complete and unified approach to the time in which product liability actions
may be brought and maintained is required. The Legislature finds that product liability actions
and litigation have increased substantially, and the cost of such litigation has risen in
recent years. The Legislature further finds that these increases are having an impact upon
consumer prices, and upon the availability, cost, and use of product liability insurance,
thus, affecting the availability of compensation for...
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16-25A-18
Section 16-25A-18 Generic equivalent medications. As a condition of participation in the Public
Education Employees Health Insurance Programs (PEEHIP), a pharmacist shall dispense a generic
equivalent medication to fill a prescription for a patient covered by PEEHIP when one is available
unless the physician indicates in longhand writing on the prescription, indicates by mark
or signature in the appropriate place on the prescription, or indicates in an electronic prescription,
the following: "medically necessary" or "dispense as written" or "do
not substitute". The generic equivalent drug product dispensed shall be pharmaceutically
and therapeutically equivalent and contain the same active ingredient or ingredients, and
shall be of the same dosage, form, and strength. (Act 2002-266, p. 549, §1; Act 2016-304,
§1.)...
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