27-30-32
Section 27-30-32 Applicability of Chapters 7 and 8A. Persons representing or aiding a mutual
aid association in the solicitation of business and the mutual aid association with respect
thereto shall be subject to Chapters 7 and 8A of this title. (Acts 1935, No. 114, p. 165;
Acts 1971, No. 407, p. 707, §582; Act 2001-702, p. 1509, §15.)...
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27-31A-12
Section 27-31A-12 Duty of producers to obtain license. (a) Risk retention groups. Persons representing
or aiding a risk retention group in the solicitation or negotiation of liability insurance
in this state and the risk retention group with respect thereto shall be subject to Chapters
7 and 8A of this title. (b) Purchasing groups. (1) No person, firm, association, or corporation
shall act or aid in any manner in soliciting, negotiating, or procuring liability insurance
in this state for a purchasing group from an authorized insurer or a risk retention group
chartered in a state unless the person, firm, association, or corporation is licensed as an
insurance producer in accordance with Chapter 7, commencing with Section 27-7-1, of this title.
(2) No person, firm, association, or corporation shall act or aid in any manner in soliciting,
negotiating, or procuring liability insurance coverage in this state for any member of a purchasing
group under a purchasing group's policy unless that...
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27-30-5
Section 27-30-5 Authorization to act as, or for, association - Requirements. No person shall
hereafter be authorized or hold authority to transact business in this state as a mutual aid
association unless it is otherwise in compliance with this chapter and meets the following
requirements: (1) Must be a corporation heretofore or hereafter lawfully formed under the
laws of the State of Alabama; (2) If a stock corporation, and except as provided in Section
27-30-6, must have and maintain unimpaired paid-in capital stock of not less than $50,000.00
and, if newly organized, must have, in addition when first so authorized, a paid-in surplus
of not less than $75,000.00; (3) If a mutual corporation, and except as provided in Section
27-30-6, must have applications for benefits and paid-in fees, dues, assessments, or contributions,
if required under Section 27-30-27, and must thereafter have and maintain unimpaired surplus
funds, representing the excess of its admitted assets over all its...
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27-7-1
Section 27-7-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings respectively ascribed to them by this section: (1) BUSINESS ENTITY. A corporation,
association, partnership, limited liability company, limited liability partnership, or other
legal entity. (2) COMMISSIONER. The Alabama Commissioner of Insurance. (3) HOME STATE. The
District of Columbia and any state or territory of the United States in which an insurance
producer maintains his or her principal place of residence or principal place of business
and is licensed to act as an insurance producer. (4) INSURANCE. As defined in Section 27-1-2.
(5) INSURANCE PRODUCER or PRODUCER. A person required to be licensed under the laws of this
state to sell, solicit, or negotiate insurance. (6) INSURER. As defined in Section 27-1-2.
For the purposes of this chapter, insurer shall also mean an insurance company licensed pursuant
to Chapter 3, commencing with Section 27-3-1 of this title; a health...
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27-4-2
Section 27-4-2 Advance fees, licenses, and miscellaneous charges. (a) The Commissioner of Insurance
shall collect in advance fees, licenses, and miscellaneous charges as follows: (1) Certificate
of authority: a. Initial application for original certificate of authority, including the
filing with the commissioner of all documents incidental thereto ..... $500 b. Issuance of
original certificate of authority ..... 500 c. Annual continuation or renewal fee ..... 500
d. Reinstatement fee ..... 500 (2) Charter documents, filing with the commissioner amendment
to articles of incorporation or of association, or of other charter documents or to bylaws
..... 25 (3) Solicitation permit, filing application and issuance ..... 250 (4) Annual statement
of insurer, except when filed as part of application for original certificate of authority,
filing ..... 25 (5) Producer license (resident or nonresident): a. Individuals: 1. Application
fee (For filing of initial application for license) ..... 30 2....
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16-44-1
Section 16-44-1 Governor authorized to enter into compact; form of compact. The Governor of
the State of Alabama is hereby authorized to enter into the compact for education in the form
substantially as follows: COMPACT FOR EDUCATION Article I. Purpose and Policy. A. It is the
purpose of this compact to: 1. Establish and maintain close cooperation and understanding
among executive, legislative, professional education and lay leadership on a nationwide basis
at the state and local levels. 2. Provide a forum for the discussion, development, crystallization
and recommendation of public policy alternatives in the field of education. 3. Provide a clearinghouse
of information on matters relating to educational problems and how they are being met in different
places throughout the nation. 4. Facilitate the improvement of state and local educational
systems. B. It is the policy of this compact to encourage and promote local and state initiative
in the development, maintenance, improvement and...
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27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
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27-34-43
Section 27-34-43 Applicability of Chapters 7 and 8A. Persons representing a fraternal benefit
society in the solicitation of applications for insurance or annuities and the fraternal benefit
society with respect thereto shall be subject to the provisions of Chapters 7 and 8A of this
title. (Acts 1971, No. 407, p. 707, §715; Act 2001-702, p. 1509, §15.)...
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27-43-14
Section 27-43-14 Applicability of Chapters 7 and 8A. Persons representing or aiding a legal
service insurance corporation in the solicitation of legal expense insurance contracts in
this state and the legal service insurance corporation with respect thereto shall be subject
to Chapters 7 and 8A of this title, except that legal service insurance corporation producers
shall be exempt from the 40-hour prelicensing course and written examination requirements
of Chapter 7 of this title and the continuing education requirements of Chapter 8A of this
title. (Acts 1981, No. 81-719, p. 1214, §1; Act 2001-702, p. 1509, §15.)...
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27-30-3
Section 27-30-3 Applicability of chapter - Exceptions. The designation "mutual aid association"
and this chapter do not apply as to: (1) Any secret or benevolent society, such as Masons,
Odd Fellows, Knights and Ladies of Honor, Knights of Pythias, or like orders and societies,
or any association organized and operating in good faith under the lodge system for purely
benevolent purposes and with a ritualistic form of work; (2) Agreements between hospitals
and industrial corporations to provide for hospital services for the employees of such corporations,
and the employment by such corporations of medical doctors, surgeons and dentists for the
purpose of giving medical, surgical and dental attention to such employees; or (3) Any insurer
operating under, or subject to, the general insurance laws of this state. (Acts 1927, No.
548, p. 634; Acts 1935, No. 114, p. 165; Acts 1971, No. 407, p. 707, §559.)...
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