15-13-22
Section 15-13-22 Qualifications for bail; bond required for bondsmen; qualification when sufficiency
of bail doubtful. (a) Each person signing as surety an undertaking of bail must be: (1) A
resident of this state; and (2) Worth, exclusive of property exempt from execution, the amount
expressed in the undertaking; but the court or magistrate, in taking bail, may allow more
than two persons to justify severally as bail in amounts less than that expressed in the undertaking,
provided the whole is equivalent to two sufficient bails. (b) The court or magistrate in taking
bail, in lieu of the foregoing, may allow a corporation, foreign or domestic, qualified to
do a bonding business in this state and authorized to execute the undertaking of bail, to
execute such bail. (c) Every person engaged in the business of making bail bonds and charging
therefor, except corporations qualified to do a bonding business in this state, shall be required,
in addition to all other requirements of this...
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27-13-30
Section 27-13-30 Filing of rating systems with department by insurers - Examination and approval
or disapproval by commissioner. If, after examination thereof, the commissioner shall find
that such rating systems filed by, or on behalf of, an insurer provide for, result in or produce
rates that are unreasonably high or excessive, or are not adequate for the safeness and soundness
of the insurer or are unfairly discriminatory between risks in this state involving essentially
the same hazards, he shall issue an order to such insurer, or to the rating organization of
which such insurer is a member or subscriber, directing that such rating systems be altered
in the manner, and to the extent, stated in such order to produce rates that are reasonable
and adequate and not unfairly discriminatory. If the commissioner shall find that such rating
systems provide for, result in or produce rates that are not unreasonably high, are not inadequate
for the safeness and soundness of the insurer and...
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27-14-10
Section 27-14-10 Standard or uniform provisions; waiver or substitution thereof. (a) Insurance
contracts shall contain such standard or uniform provisions as are required by the applicable
provisions of this title pertaining to contracts of particular kinds of insurance; however,
the commissioner may waive the required use of a particular provision in a particular insurance
policy form if: (1) He finds such provision unnecessary for the protection of the insured
or inconsistent with the purposes of the policy; and (2) The policy is otherwise approved
by him. (b) No policy shall contain any provision inconsistent with, or contradictory to,
any standard or uniform provision used or required to be used, but the commissioner may approve
any substitute provision which is, in his opinion, not less favorable in any particular to
the insured or beneficiary than the provisions otherwise required. (c) In lieu of the provisions
required by this title for contracts for particular kinds of...
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27-27-23
Section 27-27-23 Directors of domestic insurers - Number; election; qualifications. (a) The
affairs of every domestic insurer shall be managed by not less than three directors, and at
least one-third of the directors shall be bona fide residents of this state. (b) Directors
must be elected by the members or stockholders of a domestic insurer at the annual meeting
of stockholders or members. Directors may be elected for terms of not more than five years
each and until their successors are elected and have qualified, and if to be elected for terms
of more than one year, the insurer's bylaws shall provide for a staggered-term system under
which the terms of a proportionate part of the members of the board of directors will expire
on the date of each annual meeting of stockholders or members. (c) If so provided in the insurer's
bylaws, a director of a stock insurer shall be a stockholder thereof and a director of a mutual
insurer shall be a policyholder thereof. (Acts 1971, No. 407, p....
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27-29-6.1
Section 27-29-6.1 Registered insurers - Supervisory colleges. (a) With respect to any insurer
registered under Section 27-29-4, and in accordance with subsection (c), the commissioner
shall also have the power to participate in a supervisory college for any domestic insurer
that is part of an insurance holding company system with international operations in order
to determine compliance by the insurer with this title. The powers of the commissioner with
respect to supervisory colleges include, but are not limited to, the following: (1) Initiating
the establishment of a supervisory college. (2) Clarifying the membership and participation
of other supervisors in the supervisory college. (3) Clarifying the functions of the supervisory
college and the role of other regulators, including the establishment of a group-wide supervisor.
(4) Coordinating the ongoing activities of the supervisory college, including planning meetings,
supervisory activities, and processes for information sharing....
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27-31-25
Section 27-31-25 Nonassessable policies. (a) If a reciprocal insurer has a surplus of assets
over all liabilities at least equal to the minimum capital stock required of a domestic stock
insurer authorized to transact like kinds of insurance, upon application of the attorney and
as approved by the subscribers' advisory committee, the commissioner shall issue his certificate
authorizing the insurer to extinguish the contingent liability of subscribers under its policies
then in force in this state and to omit provisions imposing contingent liability in all policies
delivered, or issued for delivery, in this state for so long as all such surplus remains unimpaired.
(b) Upon impairment of such surplus, the commissioner shall forthwith revoke the certificate.
Such revocation shall not render subject to contingent liability any policy then in force
and for the remainder of the period for which the premium has theretofore been paid; but after
such revocation, no policy shall be issued or...
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27-39-3
Section 27-39-3 Incorporation and license requirements. No automobile club or association shall
do, or offer to do, business in the state unless the same shall be organized as a domestic
or foreign corporation and shall be licensed by the commissioner. (Acts 1971, No. 407, p.
707, §799.)...
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27-9A-5
Section 27-9A-5 Registration of emergency independent adjusters. (a) In the event of a state
of emergency, a person who is otherwise qualified to adjust claims, but is not already licensed
as an independent adjuster in this state, may act as an emergency independent adjuster and
adjust claims for an insurer in this state in accordance with this section. (b) The insurer
shall file with the commissioner a registration of each individual that will act as an emergency
independent adjuster on behalf of the insurer within five days of deployment to adjust claims
arising from the state of emergency. (c) The registration shall be in a format prescribed
by the commissioner and shall provide the following information: (1) Name of the individual.
(2) Social Security number of the individual. (3) Name of insurer the independent adjuster
will represent. (4) Effective date of the contract between the insurer and independent adjuster.
(5) Catastrophe or loss control number. (6) Catastrophe event...
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31-5-9
Section 31-5-9 County service commissioners and district service commissioners - Qualifications
and appointment. It shall be the duty of the State Service Commissioner, subject to the approval
of the State Board of Veterans' Affairs, to appoint a county service commissioner for each
of the several counties in the State of Alabama, except as provided in this section, and all
such appointees shall be employees of the state department, subject to the authority, rules,
and regulations of the state board. Such county service commissioner shall be a resident of
the county, and a qualified elector therein, and shall be a veteran who served on active duty
in the military or naval forces of the United States for a period of 60 days or more in any
war in which the United States shall have been engaged, and shall have been honorably discharged
therefrom, and all subsequent appointees to such office shall be selected in like manner and
possessed of like qualifications. It shall be the duty of the...
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5-20-6
Section 5-20-6 Application for approval; filing fee. Any bank holding company, bank holding
company subsidiary, domestic lender or foreign lender proposing to establish or acquire a
credit card bank pursuant to this chapter shall file an application with the superintendent
for prior approval of such establishment or acquisition. Such application shall contain such
information as the superintendent may require, and shall specifically acknowledge each applicant's
agreement to be bound by the conditions set forth in Section 5-20-4. In addition, such application
shall designate a resident of this state as each applicant's registered agent in connection
with matters arising out of this chapter and shall be accompanied by the filing fee specified
in section 5-20-4. (Acts 1988, No. 88-85, p. 104, §1.)...
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