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44-2-10
Section 44-2-10 Text of compact. The Interstate Compact for Juveniles is enacted into
law and entered into with all jurisdictions mutually adopting the compact in the form substantially
as follows: THE INTERSTATE COMPACT FOR JUVENILES Article I. Purpose. The compacting states
to this interstate compact recognize that each state is responsible for the proper supervision
or return of juveniles, delinquents and status offenders who are on probation or parole and
who have absconded, escaped or run away from supervision and control and in so doing have
endangered their own safety and the safety of others. The compacting states also recognize
that each state is responsible for the safe return of juveniles who have run away from home
and in doing so have left their state of residence. The compacting states also recognize that
Congress, by enacting the Crime Control Act, 4 U.S.C. Section 112 (1965), has authorized
and encouraged compacts for cooperative efforts and mutual assistance in the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/44-2-10.htm - 39K - Match Info - Similar pages
27-27-15
Section 27-27-15 Domestic mutual insurers - Authorization to transact insurance. (a)
When newly organized, a domestic mutual insurer may be authorized to transact any one of the
kinds of insurance listed in the schedule contained in subsection (b) of this section.
(b) When applying for an original certificate of authority, the insurer must be otherwise
qualified therefor under this title and must have received and accepted bona fide applications
as to substantial insurable subjects for insurance coverage of a substantial character of
the kind of insurance proposed to be transacted, must have collected in cash the full premium
therefor at a rate not less than that usually charged by other insurers for comparable coverages,
must have surplus funds on hand and deposited as of the date such insurance coverages are
to become effective or, in lieu of such applications, premiums and surplus and may deposit
surplus, all in accordance with that part of the following schedule which applies to...
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27-32-34
Section 27-32-34 Assessments - Order to pay - Generally. After levy of assessment as
provided in Section 27-32-33, upon the filing of a further detailed report by the commissioner,
the court shall issue an order directing each member, if a mutual insurer, or each subscriber,
if a reciprocal insurer, if he shall not pay the amount assessed against him to the commissioner
on, or before, a day to be specified in the order, to show cause why he should not be held
liable to pay such assessment, together with costs, as provided in Section 27-32-36,
and to show cause why the commissioner should not have judgment therefor. (Acts 1971, No.
407, p. 707, ยง653.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-32-34.htm - 965 bytes - Match Info - Similar pages
27-31-22
Section 27-31-22 Levy of assessments on subscribers of domestic insurers - Generally.
(a) Assessments may from time to time be levied upon subscribers of a domestic reciprocal
insurer liable therefor under the terms of their policies by the attorney upon approval in
advance by the subscribers' advisory committee and the commissioner or by the commissioner
in liquidation of the insurer. (b) Each subscriber's share of a deficiency for which an assessment
is made, but not exceeding in any event his aggregate contingent liability as computed in
accordance with Section 27-31-24, shall be computed by applying to the premium earned
on the subscriber's policy, or policies, during the period to be covered by the assessment,
the ratio of the total deficiency to the total premiums earned during such period upon all
policies subject to the assessment. (c) In computing the earned premiums for the purposes
of this section, the gross premium received by the insurer for the policy shall be
used as...
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25-5-8
Section 25-5-8 Employers' options to secure payment of compensation. (a) Option to insure
risks. An employer subject to this chapter may secure the payment of compensation under this
chapter by insuring and keeping insured his or her liability in some insurance corporation,
association, organization, insurance association, corporation, or association formed of employers
and workers or formed by a group of employers to insure the risks under this chapter, operating
by mutual assessment or other plans or otherwise. Notwithstanding the foregoing, the insurance
association, organization, or corporation shall have first had its contract and plan of business
approved in writing by the Commissioner of the Department of Insurance of Alabama and have
been authorized by the Department of Insurance to transact the business of workers' compensation
insurance in this state and under the plan. Notwithstanding any other provision of the law
to the contrary, the obligations of employers under law for...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-8.htm - 14K - Match Info - Similar pages
27-27-22
Section 27-27-22 Domestic mutual insurers - Bylaws. (a) A domestic mutual insurer shall
have bylaws for the government of its affairs. The initial board of directors of a domestic
mutual insurer shall adopt original bylaws, subject to the approval of the insurer's members
at the next succeeding meeting. The members shall have power to make, modify, and revoke bylaws.
(b) The bylaws shall provide: (1) That each member is entitled to one vote upon each matter
coming to a vote at meetings of members or to more votes in accordance with a reasonable classification
of members as set forth in the bylaws and based upon the amount of insurance in force, number
of policies held, or upon the amount of the premiums paid by such member or upon other reasonable
factors. A member shall have the right to vote in person or by his written proxy made not
less than 30 days prior to the meeting. No such proxy shall be made irrevocable for longer
than a period of three years; (2) For election of directors...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-22.htm - 2K - Match Info - Similar pages
27-5-11
Section 27-5-11 Limits of risk. (a) No insurer shall retain any risk on any one subject
of insurance, whether located or to be performed in this state or elsewhere, in an amount
exceeding 10 percent of its surplus to policyholders. (b) A "subject of insurance,"
for the purposes of this section, as to insurance against fire and hazards other than
windstorm, earthquake, and other catastrophic hazards, includes all properties insured by
the same insurer which are customarily considered by underwriters to be subject to loss or
damage from the same fire or the same occurrence of such other hazard insured against. (c)
Reinsurance ceded as authorized by Section 27-5-12 shall be deducted in determining
risk retained. As to surety risks, deduction shall also be made of the amount assumed by any
established incorporated cosurety and the value of any security deposited, pledged or held
subject to the surety's consent and for the surety's protection. (d) As to alien insurers,
this section shall...
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27-44-11
Section 27-44-11 Duties and powers of commissioner; appeal and review; notification.
In addition to the duties and powers enumerated elsewhere in this chapter: (1) The commissioner
shall: a. Upon request of the board of directors, provide the association with a statement
of the premiums in the appropriate states for each member insurer. b. When an impairment is
declared and the amount of the impairment is determined, serve a demand upon the impaired
insurer to make good the impairment within a reasonable time. Notice to the impaired insurer
shall constitute notice to its shareholders, if any. The failure of the insurer to promptly
comply with such demand shall not excuse the association from the performance of its powers
and duties under this chapter. c. In any liquidation or rehabilitation proceeding involving
a domestic insurer, petition the court of competent jurisdiction to have the chief of the
receivership division appointed as the liquidator or rehabilitator. If a foreign or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-11.htm - 2K - Match Info - Similar pages
27-44-5
Section 27-44-5 Definitions. As used in this chapter, the following terms shall have
the following meanings, respectively, unless the context clearly indicates otherwise: (1)
ACCOUNT. Either of the three accounts created under Section 27-44-6. (2) ASSOCIATION.
The Alabama Life and Disability Insurance Guaranty Association created under Section
27-44-6. (3) AUTHORIZED ASSESSMENT or the term AUTHORIZED when used in the context of assessments.
A resolution by the board of directors has been passed whereby an assessment will be called
immediately or in the future from member insurers for a specified amount. An assessment is
authorized when the resolution is passed. (4) BENEFIT PLAN. A specific employee, union, or
association of natural persons benefit plan. (5) CALLED ASSESSMENT or the term CALLED when
used in the context of assessments. A notice that has been issued by the association to member
insurers requiring that an authorized assessment be paid within the time frame set forth within...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-5.htm - 7K - Match Info - Similar pages
27-25-3
Section 27-25-3 Definitions. For the purposes of this chapter, the following terms shall
have the following meanings: (1) ABSTRACT OF TITLE. A compilation or summary of all instruments
of public record of whatever kind or nature which in any manner affect title to a specified
parcel of real property. (2) BUSINESS ENTITY. A domestic entity properly formed and existing
under Title 10A. (3) COMMISSIONER. The Commissioner of the Alabama Department of Insurance.
(4) INDIVIDUAL. A natural person. (5) NAIC. The National Association of Insurance Commissioners,
its subsidiaries and affiliates, and any successor thereof. (6) OPINION OF TITLE. A written
expression of the status of title, including, but not limited to, the validity or invalidity
thereof, based upon an examination by an attorney at law, who is licensed to practice law
in this state, of instruments of public record or an abstract thereof affecting title to a
specified parcel of real property to ascertain the history and present...
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