Code of Alabama

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27-2-16
Section 27-2-16 Publication of materials relating to insurance. (a) The commissioner shall
have printed or otherwise published for public distribution all of the following: (1) The
insurance laws of this state. (2) The rules and regulations of the commissioner. (3) A directory,
annually, of all insurers and of all resident insurance producers authorized or licensed by
this state. (4) Any other material the commissioner deems relevant and suitable for the more
effective administration of the laws relating to insurance. (b) The commissioner shall fix
at a price at not less than cost of printing and distribution, to be paid by persons requesting
copies of the insurance laws, regulations, and other publications the commissioner deems proper
to sell on behalf of the state rather than distribute free of charge; except that the commissioner
may furnish, without charge, copies of any such publication to the Legislature or to officials
and departments of government or political subdivisions of...
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27-2A-2
Section 27-2A-2 Report of material acquisitions and dispositions; confidential treatment. (a)
Every insurer domiciled in this state shall file a report with the commissioner disclosing
material acquisitions and dispositions of assets or material nonrenewals, cancellations, or
revisions of ceded reinsurance agreements unless the acquisitions and dispositions of assets
or material nonrenewals, cancellations, or revisions of ceded reinsurance agreements have
been submitted to the commissioner for review, approval, or information purposes pursuant
to other provisions of the insurance code, laws, regulations, or other requirements. (b) The
report required in subsection (a) is due within 15 days after the end of the calendar month
in which any of the transactions in subsection (a) occur. (c) One complete copy of the report,
including any exhibits or other attachments, shall be filed with the following: (1) The insurance
department of the insurers state of domicile. (2) The National...
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27-14-8
Section 27-14-8 Forms - Filing and approval or disapproval. (a) No basic insurance policy or
annuity contract form or application form where written application is required and is to
be made a part of the policy, or contract, or printed rider, or endorsement form or form of
renewal certificate shall be delivered or issued for delivery in this state unless the form
has been filed with, and approved by, the commissioner. This subsection shall not apply to
surety bonds or to specially rated inland marine risks, nor to policies, riders, endorsements,
or forms of unique character designed for, and used with, relation to insurance upon a particular
subject or which relate to the manner of distribution of benefits or to the reservation of
rights and benefits under life or disability insurance policies and are used at the request
or with the consent of the individual policyholder, contract holder, or certificate holder.
As to group insurance policies effectuated and delivered outside this...
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27-2-24
Section 27-2-24 Examinations - Report; confidentiality of information. (a) The commissioner,
or his or her examiner, shall make a full and true written report of each examination. The
examination report shall contain only information obtained from examination of the books,
records, accounts, files, or other documents of, or relative to, the person examined, its
agents or other persons examined, or as ascertained from the testimony of its officers or
agents or other persons examined concerning its affairs, together with conclusions and recommendations
as the examiners find reasonable warranted from the facts. (b) No later than 60 days following
completion of the examination, the examiner in charge shall file with the department a verified
written report of examination under oath. Upon receipt of the verified report, the department
shall transmit the report to the company examined, together with a notice that the company
examined may make a written submission or rebuttal with respect to...
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27-29-7
Section 27-29-7 Confidentiality of documents, materials, or other information; powers of commissioner;
disclosure and sharing of documents, etc. (a) All documents, materials, or other information,
and copies thereof, in the possession or control of the department that are obtained by or
disclosed to the commissioner or any other person in the course of an examination or investigation
made pursuant to Section 27-29-6 and all information reported pursuant to paragraphs l. and
m. of subdivision (l) of subsection (b) of Section 27-29-3, Section 27-29-4, Section 27-29-5,
and Section 27-29-6.2 shall be confidential by law and privileged, shall not be subject to
any open records, freedom of information, sunshine or other public record disclosure laws,
and shall not be subject to subpoena. The commissioner may use the documents, materials, and
other information in the furtherance of any regulatory or legal action in the course of the
commissioner's official duties. The documents, materials,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-7.htm - 6K - Match Info - Similar pages

27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages

27-28-2
Section 27-28-2 Plan for exchange of stock, etc., between domestic stock insurer and holding
company - Procedure for exchange. A plan of exchange shall be adopted and become effective
in the following manner: (1) APPROVAL OF THE BOARDS OF DIRECTORS. - The boards of directors
of each corporate party to the plan of exchange by resolution shall adopt the plan of exchange
which shall set forth the terms and conditions of the exchange and the mode of carrying the
same into effect and such other provisions with respect to the exchange as may be deemed necessary
or desirable. (2) APPROVAL OF COMMISSIONER. - Every plan of exchange, before being submitted
to vote of the stockholders pursuant to subdivision (3) of this section, shall be submitted
for approval to the commissioner in accordance with the following procedure: a. After the
approval required by subdivision (1) of this section is obtained, the domestic company shall
submit to the commissioner three copies of the plan of exchange and...
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45-39A-70
Section 45-39A-70 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2016 REGULAR SESSION,
EFFECTIVE MAY 12, 2016. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The voters of the
Town of Lexington may authorize the sale of alcoholic beverages and draft beer for on-premises
and off-premises consumption within the town each day of the week except Sunday by an election
pursuant to this section, in the following manner: (1) The governing body of the town, by
resolution, shall call an election to determine the sentiment of the voters of the town residing
within the corporate limits, as to whether or not it may determine whether alcoholic beverages
and draft beer can be legally sold or distributed each day of the week except on Sunday for
on-premises and off-premises consumption within the town. (2) On the ballot to be used for
such election, the question shall be in the following form: "Do you favor the legal sale
and distribution of alcoholic beverages and draft beer for...
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45-28-22
Section 45-28-22 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2017 REGULAR SESSION,
EFFECTIVE MAY 16, 2017. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The voters in the
unincorporated area of Etowah County may authorize the sale of alcoholic beverages within
the unincorporated area of the county on Sunday by an election pursuant to this section, in
the following manner: The county commission, by resolution, may call an election to determine
the sentiment of the voters residing outside the corporate limits of any municipalities within
the county, as to whether alcoholic beverages may be legally sold or distributed on Sunday
in the unincorporated area of the county as further provided for and regulated by ordinance
of the county commission. (b) On the ballot to be used for the election, the question shall
be in the following form: "Do you favor the legal sale and distribution of alcoholic
beverages outside the corporate limits of any municipalities within the county on...
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15-22-1.1
Section 15-22-1.1 Interstate Compact for Adult Offender Supervision. Whereas: The Interstate
Compact for the Supervision of Parolees and Probationers was established in 1937, it is the
earliest corrections "compact" established among the states and has not been amended
since its adoption over 62 years ago; Whereas: This compact is the only vehicle for the controlled
movement of adult parolees and probationers across state lines, and it currently has jurisdiction
over more than a quarter of a million offenders; Whereas: The complexities of the compact
have become more difficult to administer, and many jurisdictions have expanded supervision
expectations to include currently unregulated practices such as victim input, victim notification
requirements, and sex offender registration; Whereas: After hearings, national surveys, and
a detailed study by a task force appointed by the National Institute of Corrections, the overwhelming
recommendation has been to amend the document to bring about...
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