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27-34-40
Section 27-34-40 Examinations - Foreign and alien societies. The commissioner, or any person
whom he may appoint, may examine any foreign or alien society transacting, or applying for
admission to transact, business in this state. He may employ assistants and he, or any person
he may appoint, shall have free access to all books, papers, and documents that relate to
the business of the society. He may, in his discretion, accept, in lieu of such examination,
the examination of the insurance department of the state, territory, district, province, or
country where such society is organized. The compensation and actual expenses of the examiners
making any examination or general or special valuation shall be paid by the society examined
or by the society whose certificate obligations have been valued, upon statements furnished
by the commissioner. (Acts 1911, No. 476, p. 700; Acts 1971, No. 407, p. 707, §712.)...
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40-21-21
Section 40-21-21 Franchises and intangible property subject to taxation. There shall be subject
to taxation in this state the franchises or intangible property and assets of each and every
corporation, whether organized under the laws of this state or of any other state or government,
and of each and every individual, association, or partnership, or company engaged as a common
carrier, wholly or partly in this state, in the business of transporting freight of any description
or passengers, or both, over any railroad, including street railroads, or of operating any
cars of any kind over any railroads for the transportation of passengers or of property of
any kind for others or for the public, including sleeping cars, parlor or palace cars, chair
cars, equipment cars of any kind, or engaged in the business of maintaining or operating for
gain any telegraph or telephone lines, plant or business, or any plant or business for the
production, transportation, piping, distribution, or sale of...
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40-23-260
Section 40-23-260 Program established; definitions; informational reports; Wholesale and Distributor
Reporting Advisory Group. (a) This article shall establish the Wholesale to Retail Accountability
Program or "WRAP". (b) For the purpose of this article, the following words shall
have the following meanings: (1) DEPARTMENT. The State Department of Revenue. (2) LICENSED
BEER OR WINE DISTRIBUTOR. A distributor, as licensed by the Alabama Alcoholic Beverage Control
Board, selling or distributing beer or wine in this state. (3) PERSON. Any individual, firm,
partnership, association, corporation, limited liability company, receiver, trustee, or any
other entity. (4) RETAILER. A person or group of persons that have a relationship with each
other as defined in Section 267(b) of the federal Internal Revenue Code whose primary business
is the sale of tangible personal property at retail, including supporting operations such
as warehousing, shipping, and storage of product, and who holds a...
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22-21-361
Section 22-21-361 Definitions. The following terms shall have the meanings respectively ascribed
by this section unless the context clearly indicates otherwise: (1) COMMISSIONER. The commissioner
of insurance of this state. (2) DENTAL SERVICE PLAN or PLAN. Any plan or other arrangement
whereby dental services are provided in whole or in part through a dental service corporation
by dentists participating in the plan to provide dental services to those members of the public
who become subscribers to the plan under a contract with such corporation. The terms "dental
service plan" or "plan" do not include an insurer authorized by the insurance
department to transact insurance in this state or to a nonprofit health insurance plan organized
pursuant to Section 10-4-100, or to any policy of insurance or contract which includes dental
benefits issued by such insurer or nonprofit health insurance plan. (3) DEPARTMENT. The Department
of Insurance. (4) LICENSE. The certificate of authority issued...
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27-2B-2
Section 27-2B-2 Definitions. As used in this chapter, these terms shall have the following
meanings: (1) ADJUSTED RBC REPORT. An RBC report which has been adjusted by the commissioner
in accordance with subsection (e) of Section 27-2B-3. (2) CORRECTIVE ORDER. An order issued
by the commissioner specifying corrective actions which the commissioner has determined are
required. (3) DOMESTIC INSURER. Any insurer domiciled in this state. (4) FOREIGN INSURER.
Any insurer which is licensed to do business in this state but not domiciled in this state.
(5) FRATERNAL BENEFIT SOCIETY. Any insurer licensed under Chapter 34. (6) HEALTH ORGANIZATION.
Any health care service plan, health maintenance organization, limited health service organization,
dental services corporation, or other managed care organization licensed under this title.
This term does not include any life and disability insurer or property and casualty insurer.
(7) INSURER. As defined in Section 27-1-2, including, without...
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27-2B-3
Section 27-2B-3 Preparation and submission of RBC report; formulas; desirability of excess
capital; adjustment of inaccurate RBC report. (a) Every domestic insurer shall, on or prior
to each March 1 (the "filing date"), prepare and submit to the commissioner a report
of its RBC levels as of the end of the calendar year just ended, in a form and containing
information as is required by the RBC instructions. In addition, every domestic insurer shall
file its RBC report with: (1) The NAIC according to the RBC instructions. (2) The insurance
commissioner in any state in which the insurer is authorized to do business, if the insurance
commissioner has notified the insurer of its request in writing, in which case the insurer
shall file its RBC report not later than the later of either of the following: a. Fifteen
days from the receipt of notice to file its RBC report with that state. b. The filing date.
(b) A life and health insurer's and a fraternal benefit society's RBC shall be determined...
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27-32-7
Section 27-32-7 Grounds - Liquidation of domestic or alien insurers. The commissioner may apply
to the court for an order appointing him as receiver, if his appointment as receiver shall
not be then in effect, and directing him to liquidate the business of a domestic insurer or
of the United States branch of an alien insurer having trusteed assets in this state, regardless
of whether or not there has been a prior order directing him to rehabilitate such insurer,
upon any of the grounds specified in Section 27-32-6, or if such insurer: (1) Has ceased transacting
business for a period of one year; or (2) Is an insolvent insurer and has commenced voluntary
liquidation or dissolution, or attempts to commence or prosecute any action or proceeding
to liquidate its business or affairs, or to dissolve its corporate charter, or to procure
the appointment of a receiver, trustee, custodian, or sequestrator under any law except this
title. (Acts 1971, No. 407, p. 707, §626.)...
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27-34-16
Section 27-34-16 Incorporation of existing unincorporated domestic voluntary associations.
(a) After January 1, 1973, no unincorporated or voluntary association shall be permitted to
transact business in this state as a fraternal benefit society. (b) Any domestic voluntary
association now authorized to transact business in this state may incorporate and shall receive
from the commissioner a permanent certificate of incorporation as a fraternal benefit society
when: (1) It has completed its conversion to an incorporated society not later than January
1, 1974; (2) It has filed its articles of incorporation and has satisfied the other requirements
described in Sections 27-34-9 through 27-34-13; and (3) The commissioner has made such examination
and procured whatever additional information he deems advisable. (c) Every voluntary association
so incorporated shall incur the obligations and enjoy the benefits thereof the same as though
originally incorporated, and such corporation shall be...
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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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37-1-7
Section 37-1-7 Impeachment and removal of commissioners. The commissioners may be impeached
and removed from office by the supreme court for the same causes and in the same manner as
other state officers; and any commissioner who shall accept directly or indirectly any gift,
gratuity, emolument or employment from any person, firm, corporation, company or association,
owning or operating in whole or in part in this state a utility, as defined in this title,
during his continuance in office, except a pass for himself or any employee of the commission
on official business, shall forfeit his office and may be impeached and removed from office
therefor, or for any other cause of impeachment. (Code 1886, §1124; Code 1896, §3485; Code
1907, §5639; Code 1923, §9613; Acts 1932, Ex. Sess., No. 297, p. 302; Code 1940, T. 48,
§8.)...
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