27-6B-2
Section 27-6B-2 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACCREDITED STATE.
A state in which the Department of Insurance meets the minimum financial qualifications and
regulatory standards promulgated and established, from time to time, by the National Association
of Insurance Commissioners. (2) COMMISSIONER. The Commissioner of Insurance. (3) CONTROL or
CONTROLLED. The same as defined in Section 27-29-1. (4) CONTROLLED INSURER. A licensed insurer
who is controlled, directly or indirectly, by a producer. (5) CONTROLLING PRODUCER. A producer
who, directly or indirectly, controls an insurer. (6) LICENSED INSURER or INSURER. Any person,
firm, association, or corporation duly licensed to transact a property and casualty insurance
business in this state. For the purposes of this chapter, the following are not licensed insurers:
a. A residual market pool and a joint...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6B-2.htm - 2K - Match Info - Similar pages

27-7-4.2
Section 27-7-4.2 Licenses - Applicability to insurance producer. (a) Nothing in this chapter
shall be construed to require an insurer to obtain an insurance producer license. In this
section, the term "insurer" does not include an insurer's officers, directors, employees,
subsidiaries, or affiliates. (b) A license as an insurance producer shall not be required
of any of the following: (1) An officer, director, or employee of an insurer or of an insurance
producer, provided that the officer, director, or employee does not receive any commission
on policies written or sold to insure risks residing, located, or to be performed in this
state and any of the following: a. The officer, director, or employee's activities are executive,
administrative, managerial, clerical, or a combination of these, and are only indirectly related
to the sale, solicitation, or negotiation of insurance. b. The officer, director, or employee's
function relates to underwriting, loss control, inspection, or the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-4.2.htm - 4K - Match Info - Similar pages

36-34-2
Section 36-34-2 Local units authorized to participate in certain health insurance plan. As
an alternative to the provisions of Section 36-34-1, the local units are authorized to participate
in a health insurance plan developed by the State Employees' Insurance Board or the Alabama
Retired State Employees' Association to provide health insurance coverage to retirees, designated
beneficiaries, and surviving spouses of active members of the local units who are receiving
benefits from the Employees' Retirement System. The costs of extending the health insurance
to the retirees, designated beneficiaries, or surviving spouses under the aforementioned developed
health insurance plan may be paid from any funds available to the local units which are otherwise
unencumbered. (Acts 1995, No. 95-771, p. 1829, §2.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-34-2.htm - 1K - Match Info - Similar pages

22-21-100
Section 22-21-100 Definitions. For the purposes of this division, the following terms shall
have the meanings respectively ascribed to them by this section: (1) HOSPITAL CORPORATION.
A hospital association heretofore or hereafter organized under and pursuant to the provisions
of Act No. 211, General Acts of Alabama 1945, or Article 3 of this chapter, or a hospital
board heretofore or hereafter organized under and pursuant to the provisions of Division 1
of this article. (2) SECURITIES. Notes, bonds, certificates of indebtedness, warrants or other
evidences of indebtedness. (3) PUBLIC HOSPITAL PURPOSES. Such term includes the acquisition
by purchase, lease or otherwise and the construction, equipment, operation and maintenance
of public hospital facilities or any one or more of such purposes. (4) PUBLIC HOSPITAL FACILITIES.
Such term includes public hospitals, public clinics, public health centers, nurses' homes
and training facilities of any kind. (Acts 1949, No. 640, p. 981, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-100.htm - 1K - Match Info - Similar pages

27-34-36
Section 27-34-36 Annual statements - Requirements. (a) Report shall be filed and synopses of
annual statements shall be published in accordance with the provisions of this section. (b)
Every society transacting business in this state shall annually, on or before March 1, unless
for cause shown such time has been extended by the commissioner, file with the commissioner
a true statement of its financial condition, transactions, and affairs for the preceding calendar
year and pay a fee of $10.00 for filing same. The statement shall be in general form and context
as approved by the National Association of Insurance Commissioners for fraternal benefit societies
and as supplemented by additional information required by the commissioner. (c) A synopsis
of its annual statement providing an explanation of the facts concerning the condition of
the society thereby disclosed shall be printed and mailed to each benefit member of the society
not later than June 1 of each year, or, in lieu thereof,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-34-36.htm - 1K - Match Info - Similar pages

27-44-17
Section 27-44-17 Immunity under chapter. There shall be no liability on the part of and no
cause of action of any nature shall arise against any member insurer or its agents or employees,
the association or its agents or employees, members of the board of directors, or the commissioner
or his representatives, for any action taken by them in the performance of their powers and
duties under this chapter. (Acts 1982, No. 82-561, p. 922, §17.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-17.htm - 751 bytes - Match Info - Similar pages

27-50-3
Section 27-50-3 Health benefit plan. As used in this chapter, the term "health benefit
plan" has the following meaning: A health insurance policy, including a self-insured
health plan, that covers hospital, medical, or surgical expenses, health maintenance organizations,
preferred provider organizations, medical service organizations, physician-hospital organizations,
or any other person, firm, corporation, joint venture, or other similar business entity that
pays for, purchases, or furnishes health care services to patients, insureds, or beneficiaries
in this state. The term does not include accident-only, specified disease, individual hospital
indemnity, credit, dental-only, Medicare-supplement, long-term care, or disability income
insurance; coverage issued as a supplement to liability insurance, workers' compensation or
similar insurance; or automobile medical-payment insurance. For the purpose of this chapter,
a health benefit plan located or domiciled outside of the State of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-50-3.htm - 1K - Match Info - Similar pages

27-5A-2
Section 27-5A-2 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACTUARY. A person
who is a member in good standing of the American Academy of Actuaries. (2) COMMISSIONER. The
Alabama Commissioner of Insurance. (3) CONTROLLING PERSON. Any person, firm, association,
or corporation who directly or indirectly has the power to direct or cause to be directed,
the management, control, or activities of the reinsurance intermediary. (4) INSURER. Any person,
firm, association, or corporation duly licensed in this state pursuant to the applicable provisions
of the insurance law as an insurer. (5) LICENSED PRODUCER. An insurance producer or reinsurance
intermediary licensed pursuant to the applicable provision of the insurance law. (6) QUALIFIED
U.S. FINANCIAL INSTITUTION. An institution that: a. Is organized or, in the case of a U.S.
office of a foreign banking organization, licensed,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-5A-2.htm - 4K - Match Info - Similar pages

34-6-15
Section 34-6-15 Exemptions from chapter. The provisions of this chapter shall not be construed
to include billiard tables or billiard rooms operated by industrial concerns for the exclusive
use of their employees, Young Men's Christian Association, religious orders, charitable institutions,
state, county or city institutions, fraternal orders, or bona fide clubs using such tables
for employees or members only. (Acts 1923, No. 230, p. 224, §15; Code 1923, §4270; Code
1940, T. 14, §252.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-6-15.htm - 806 bytes - Match Info - Similar pages

40-16-2
Section 40-16-2 Production credit associations taxable under chapter. Production credit associations,
incorporated pursuant to the provisions of the act of Congress known as the Farm Credit Act
of 1933, are not foreign corporations, and any such association which may become taxable by
the state shall be subject to the same taxation imposed upon national banks under the provisions
of this chapter, and such associations shall be exempt from all other forms of income, privilege
and license taxes imposed by the state. (Acts 1965, No. 276, p. 390.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-16-2.htm - 850 bytes - Match Info - Similar pages