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27-13-66
Section 27-13-66 Annual statistical reports of insurers; exchange of information; rules and
regulations. Every insurer shall file annually on, or before, July 1, with the rating organization
of which it is a member or subscriber, or with such other common agency representing a group
of insurers as the department may approve, and with the department a statistical report showing
its premiums and its losses on all kinds of insurance to which this article is applicable,
together with such other information as the department may deem necessary for the proper determination
of the reasonableness and adequacy of rates. Such statistical report filed with the rating
organization may be consolidated and filed by such common agency. Such data shall be kept
and reports made in such manner and on such forms as may be prescribed by the commissioner.
All such annual filings with the department shall be kept under lock and key, and any official
or employee of the department who shall divulge the...
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27-29-5
Section 27-29-5 Transactions of insurers with affiliates; adequacy of surplus; dividends and
other distributions. (a) Transactions within an insurance holding company system to which
an insurer subject to registration is a party shall be subject to all of the following standards:
(1) The terms shall be fair and reasonable. (2) Agreements for cost sharing services and management
shall include such provisions as required by rule and regulation issued by the commissioner.
(3) Charges or fees for services performed shall be reasonable. (4) Expenses incurred and
payment received shall be allocated to the insurer in conformity with customary insurance
accounting practices consistently applied. (5) The books, accounts, and records of each party
to all such transactions shall be so maintained as to clearly and accurately disclose the
nature and details of the transactions including such accounting information as is necessary
to support the reasonableness of the charges or fees to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-5.htm - 11K - Match Info - Similar pages
27-13-28
Section 27-13-28 Annual statistical reports of insurers. Every insurer shall file annually,
on or before July 1, with the rating organization of which it is a member or subscriber, or
with such other common agency representing a group of insurers as the department may approve,
and with the department a statistical report showing a classification schedule of its premiums
and its losses on all kinds of insurance to which this article is applicable, together with
such other information as the department may deem necessary for the proper determination of
the reasonableness and adequacy of rates. Such statistical report filed with the rating organization
may be consolidated and filed by such common agency. Such data shall be kept and reports made
in such manner and on such forms as may be prescribed by the commissioner. All such annual
filings with the department shall be kept under lock and key, and any official or employee
of the department who shall divulge the contents or permit the...
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27-28-2
Section 27-28-2 Plan for exchange of stock, etc., between domestic stock insurer and holding
company - Procedure for exchange. A plan of exchange shall be adopted and become effective
in the following manner: (1) APPROVAL OF THE BOARDS OF DIRECTORS. - The boards of directors
of each corporate party to the plan of exchange by resolution shall adopt the plan of exchange
which shall set forth the terms and conditions of the exchange and the mode of carrying the
same into effect and such other provisions with respect to the exchange as may be deemed necessary
or desirable. (2) APPROVAL OF COMMISSIONER. - Every plan of exchange, before being submitted
to vote of the stockholders pursuant to subdivision (3) of this section, shall be submitted
for approval to the commissioner in accordance with the following procedure: a. After the
approval required by subdivision (1) of this section is obtained, the domestic company shall
submit to the commissioner three copies of the plan of exchange and...
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27-29-1
Section 27-29-1 Definitions. For purposes of this chapter, unless otherwise stated, the following
terms shall have the meanings respectively ascribed to them by this section: (1) AFFILIATE.
The term shall include an affiliate of, or person affiliated with, a specific person, and
shall mean a person that directly, or indirectly through one or more intermediaries, controls,
or is controlled by, or is under common control with, the person specified. (2) COMMISSIONER.
The Commissioner of Insurance, his or her deputies, or the Insurance Department as appropriate.
(3) CONTROL. The term shall include controlling, controlled by, or under common control with
and shall mean the possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of a person, whether through the ownership of voting securities,
by contract other than a commercial contract for goods or nonmanagement services, or otherwise,
unless the power is the result of an official...
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40-25-18
Section 40-25-18 Evasion of stamp tax. (a) Persons failing to properly affix the required stamps
to any cigars, cheroots, stogies, cigarettes, smoking tobacco, chewing tobacco, and snuff
shall be required to pay, as part of the tax imposed hereunder, a penalty of not less than
twenty-five dollars ($25) nor more than five hundred dollars ($500). Each article or commodity
not having proper stamps affixed thereto as herein required shall be deemed a separate offense.
Any cigars, cheroots, stogies, cigarettes, smoking tobacco, chewing tobacco, and snuff in
the place of business of any person required by this article to stamp the same shall be prima
facie evidence that they are intended for sale. The Department of Revenue, upon good cause
shown, may waive or remit any penalty or any part thereof provided for in this section. Any
person, firm, corporation, club, or association of persons who has been found guilty of violating
this article and who, after being punished by fine, penalty,...
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27-25-4.2
Section 27-25-4.2 License; license renewal; name or address change. (a) Unless denied licensure
pursuant to Section 27-25-4.5, a person who meets the requirements of Sections 27-25-4.1 and
27-25-4.3 shall be issued a title insurance agent license. (b) A title insurance agent license
must be initially renewed in accordance with a schedule prescribed by the commissioner and
shall thereafter be subject to renewal on a biennial basis. A renewal shall be effected by
submitting a renewal application, by paying the fee for renewal set forth in Section 27-25-4.7,
and by meeting the requirements for renewal, including any applicable continuing education
requirements, before the due date for renewal. A license expires if not renewed by the due
date for renewal. (c) Within the first 30 days following the date a title insurance agent
license expires, a reinstatement retroactive to the expiration date shall be effected by submitting
a renewal application, by paying the renewal fee plus the late fee...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.2.htm - 3K - Match Info - Similar pages
40-23-242
Section 40-23-242 State and Local Advisory Committee. (a)(1) To ensure that local taxing jurisdictions
have meaningful input into the development and operation of ONE SPOT, a State and Local Advisory
Committee is hereby established to review the design and operation of the system and to make
recommendations regarding system requirements and functionality to the Commissioner of Revenue.
(2) The committee shall consist of the following individuals: a. Three representatives of
county government, appointed by the Association of County Commissions of Alabama. b. Three
representatives of municipal government, appointed by the Alabama League of Municipalities.
c. One representative of the business community, appointed by the Business Council of Alabama.
d. One representative of the retail community, appointed by the Alabama Retail Association.
e. One representative of a county or municipality which levies a lease or rental tax appointed
by the Speaker of the House of Representatives who shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-23-242.htm - 2K - Match Info - Similar pages
44-1-10
Section 44-1-10 Penalties; enforcement of chapter. (a) Violations of the provisions of this
chapter shall be penalized or punished as follows: (1) Any person, partnership, corporation
or association that violates the provisions of this chapter or any regulations promulgated
under the authority delegated to the youth services board or to the state youth services director,
after notice of such violation served upon such person, partnership, corporation or association
by United States registered or certified mail to the last known address thereof, shall be
liable to pay to the department of youth services a penalty of $50.00 per day for each day
such violation continues after receipt of such notice. (2) Any person, group of persons, association
or corporation who a. Conducts, operates or acts as a foster care facility or detention facility
without a license or an approval to do so in violation of the provisions of this chapter;
b. Makes materially false statements in order to obtain a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/44-1-10.htm - 3K - Match Info - Similar pages
45-14-244-07
Section 45-14-244-07 THIS SECTION WAS ASSIGNED BY THE CODE COMMISSIONER IN THE 2017 REGULAR
SESSION, EFFECTIVE OCTOBER 1, 2017. THIS IS NOT IN THE CURRENT CODE SUPPLEMENT. (a) The proceeds
from the tobacco tax authorized in Clay County pursuant to Section 45-14-244, and as further
provided for in Sections 45-14-244.01 to 45-14-244.03, inclusive, and Section 45-14-244.06,
less two percent of the actual cost of collection, which shall be retained by the Department
of Revenue, shall be distributed to the Clay County General Fund to be expended as follows:
(1) Thirty-two percent to the Alabama Forestry Commission to be utilized for fire protection
in the county, as provided in subsection (b). (2) Twenty percent to the Clay County Industrial
Development Council. (3) Eighteen percent to the Clay County Animal Shelter. The Clay County
Animal Shelter shall annually report to the county commission regarding the expenditure of
the funds in the preceding year. (4) Fifteen percent to the Clay...
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