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27-43-9
of which it is filed. The department shall not approve any bond under the terms of which the
protection afforded against insolvency is not equivalent to the protection afforded by those
securities provided for in subsection (a) of this section. (c) Securities or bonds posted
pursuant to this section shall be for the benefit of and subject to action thereon in the
event of insolvency or impairment of any legal service insurance corporation by any person
or persons sustaining an actionable injury due to the failure of the corporation to
faithfully perform its obligations to its insureds. (d) The state shall be responsible for
the safekeeping of all securities deposited with the Treasurer of the State under this chapter.
Such securities shall not, on account of being in this state, be subject to taxation, but
shall be held exclusively and solely to guarantee the legal service insurance corporation's
performance of its obligations to its insureds. (e) Such deposit or bond shall be...
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27-7-35.1
Section 27-7-35.1 Payment of commission, etc., to person not licensed. (a) An insurance company
or insurance producer shall not pay a commission, service fee, brokerage, or other valuable
consideration to a person for selling, soliciting, or negotiating insurance in this state
if that person is required to be licensed under this chapter and is not so licensed. (b) A
person shall not accept a commission, service fee, brokerage, or other valuable consideration
for selling, soliciting, or negotiating insurance in this state if that person is required
to be licensed under this chapter and is not so licensed. (c) Renewal or other deferred commissions
may be paid to a person for selling, soliciting, or negotiating insurance in this state if
the person was required to be licensed under this chapter at the time of the sale, solicitation,
or negotiation and was so licensed at that time. (d) An insurer or insurance producer may
pay or assign commissions, service fees, brokerages, or other...
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27-9A-11
Section 27-9A-11 Apprentice independent adjuster license. (a) The apprentice independent adjuster
license is a temporary license for an individual residing in this state who is qualified for
an independent adjuster license except as to having taken and passed the prelicensing course
and examination. (b) An individual applying for an apprentice independent adjuster license
shall apply to the commissioner on the appropriate NAIC Uniform Individual Application and
declare under penalty of suspension, revocation, or refusal of the license that the statements
made in the application are true, correct, and complete to the best of the individual's knowledge
and belief. Before approving the application, the commissioner shall find that the individual:
(1) Is at least 18 years of age. (2) Is a resident of this state. (3) Has a business or mailing
address in this state. (4) Has not committed any act that is a ground for probation, suspension,
revocation, or denial of licensure as set forth in...
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27-2-14
Section 27-2-14 Records, documents, and files - Custody; inspection; reproduction; destruction.
(a) The commissioner shall keep and preserve in permanent form accurate and complete records
of his proceedings, including also a concise statement of the result of such examination of
insurers by the commissioner, record and file all bonds and contracts and shall file such
records in the department. The commissioner is responsible for the custody and preservation
of all records, documents, and files of the department. (b) The records of the commissioner
and insurance filings in his office shall be open to public inspection, except as otherwise
provided by this title. (c) The commissioner may photograph, microphotograph, or reproduce
on film, whereby each page will be reproduced in exact conformity with the original, all financial
records, financial statements of domestic insurers, reports of business transacted in this
state by foreign insurers, reports of examination of domestic insurers,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-14.htm - 2K - Match Info - Similar pages
27-31B-8
Section 27-31B-8 Formation of captive insurance companies in this state. (a) A pure captive
insurance company or a protected cell captive insurance company shall be formed as a stock
or mutual insurer, or as a nonprofit or limited liability company with its capital divided
into units and held by the stockholders, members, or other equivalent as allowed by law. (b)
An association captive insurance company, an industrial insured captive insurance company,
or a risk retention group may be formed in any of the following ways: (1) Organized as a stock
insurer with its capital divided into share units and held by the stockholders, members, or
other equivalent as allowed by law. (2) Organized as a mutual insurer without capital stock,
the governing body of which is elected by the member organizations of its association. (3)
Organized as a reciprocal insurer in accordance with Chapter 31 of this title. (4) Organized
as a manager-managed limited liability company. (c) A captive insurance...
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27-7-5.3
Section 27-7-5.3 Licenses - Limited license for self-service storage facility. (a) As used
in this section, the following terms shall have the following meanings: (1) LIMITED LICENSEE.
A person or entity authorized to sell certain coverages for personal property maintained
in self-service storage facilities pursuant to this section. (2) OCCUPANT. A person, his or
her sublessee, successor, or assign entitled to the use of the storage space at a self-service
storage facility under a rental agreement, to the exclusion of others. (3) OWNER. The owner,
operator, lessor, or sublessor of a self-service storage facility, his or her agent, or any
other person authorized by him or her to manage the self-service storage facility or to receive
rent from an occupant under a rental agreement. (4) PERSONAL PROPERTY. Any movable
property not affixed to land including, but not limited to, goods, wares, merchandise, motor
vehicles, watercraft, and household items and furnishings. (5) RENTAL AGREEMENT....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-5.3.htm - 7K - Match Info - Similar pages
45-37-40.04
Section 45-37-40.04 License - Application; hearings; appeals; fees. (a) Every applicant for
a barbers license, apprentice barbers license, barber teacher license, scalp specialist license,
or a license to operate a barber shop or barbers college, or other like business, shall apply
therefor in writing on blanks prepared or furnished by the barbers commission. It shall be
accompanied by the recommendation of at least two barbers doing business in the county, not
related to the applicant, certifying that the applicant is of good reputation, is qualified
to practice the profession of barbering, and recommending that a license be granted. The application
shall be accompanied by the application fee hereinafter provided, and a certificate of a reputable
doctor certifying that the applicant has no communicable, contagious, or infectious disease.
Should the application not be approved, one-half the fee filed therewith shall be refunded
to the applicant and one-half thereof shall be retained by...
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27-7-5.1
be exempt from the 40-hour prelicensing course and written examination requirements of Section
27-7-5, and the continuing education requirements of Chapter 8A of this title. (d) A rental
company licensed pursuant to this section may offer or sell insurance only in connection with
and incidental to the rental of vehicles, whether at the rental office or by preselection
of coverage in a master, corporate, individual, or group rental agreement, in any of the following
general categories: (1) Personal accident insurance covering the risks of travel, including,
but not limited to, accident and health insurance that provides coverage, as applicable, to
renters and other rental vehicle occupants for accidental death or dismemberment and reimbursement
for medical expenses resulting from an accident that occurs during the rental period. (2)
Liability insurance, including uninsured and underinsured motorist coverage whether offered
separately or in combination with other liability insurance,...
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32-20-2
Section 32-20-2 Definitions. For purposes of this chapter, the following terms shall have the
meanings respectively ascribed to them in this section, except where the context clearly indicates
a different meaning: (1) DEALER. A person licensed by the Alabama Manufactured Housing Commission
as a manufactured home retailer and engaged regularly in the business of buying, selling,
or exchanging manufactured homes in this state, and having an established place of business.
(2) DEPARTMENT. The Department of Revenue of this state. (3) DESIGNATED AGENT. Each judge
of probate, commissioner of licenses, director of revenue, or other county official in this
state authorized and required by law to issue motor vehicle license tags, unless otherwise
provided by law, who may perform his or her duties under this chapter personally or through
his or her deputies, or such other persons located in this state, as the department may designate.
The term shall also mean those dealers as herein defined who...
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45-8-241.60
user thereof of freight cars, oxygen, and acetylene tanks, and similar property, in respect
of which detention a demurrage or per diem charge is made against the user of such property,
shall not be deemed to constitute a transaction whereunder property is leased or rented to
another within the meaning of this subpart. (7) TANGIBLE PERSONAL PROPERTY. Personal
property which may be seen, weighed, measured, felt, or touched, or is in any other manner
perceptible to the senses. The term "tangible personal property" shall not
include stocks, bonds, notes, insurance, or other contracts, or securities. (8) MEDICAL EQUIPMENT.
Equipment used primarily for and essential to medical care for or to aid in the diagnosis,
cure, mitigation, or treatment of disease or injury affecting any structure or function
of the body. Such term shall include, but not be limited to, hospital beds, wheelchairs, walkers,
orthopedic appliances, and convalescent aids. (9) EXEMPT ORGANIZATION. Any organization exempt...
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