27-61-1
Section 27-61-1 Surplus Lines Insurance Multi-State Compliance Compact. The Surplus Lines Insurance
Multi-State Compliance Compact Act is enacted into law and entered into with all jurisdictions
mutually adopting the compact in the form substantially as follows: PREAMBLE WHEREAS, with
regard to Non-Admitted Insurance policies with risk exposures located in multiple states,
the 111th United States Congress has stipulated in Title V, Subtitle B, the Non-Admitted and
Reinsurance Reform Act of 2010, of the Dodd-Frank Wall Street Reform and Consumer Protection
Act, hereafter, the NRRA, that: (A) The placement of Non-Admitted Insurance shall be subject
to the statutory and regulatory requirements solely of the insured's Home State, and (B) Any
law, regulation, provision, or action of any State that applies or purports to apply to Non-Admitted
Insurance sold to, solicited by, or negotiated with an insured whose Home State is another
State shall be preempted with respect to such application;...
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25-4-10
Section 25-4-10 Employment. (a) Subject to other provisions of this chapter, "employment"
means: (1) Any service performed prior to January 1, 1978, which was employment as defined
in this section prior to such date and, subject to the other provisions of this section, services
performed for remuneration after December 31, 1977, including service in interstate commerce,
by: a. Any officer of a corporation; or b. Any individual who, under the usual common law
rules applicable in determining the employer-employee relationship, has the status of an employee;
or c. Any individual other than an individual who is an employee under paragraphs a. or b.
of this subdivision (1) who performs services for remuneration for any person: 1. As an agent-driver
or commission-driver engaged in distributing meat products, bakery products, beverages (other
than milk) or laundry or dry cleaning services for a principal; 2. As a traveling or city
salesman engaged upon a full-time basis in the solicitation on...
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27-7-36
Section 27-7-36 Accounting for and payment of trust funds by licensees. (a) All premiums, return
premiums, or other funds belonging to others received by a producer in transactions under
the producer's license shall be trust funds so received by the licensee in a fiduciary capacity,
and the licensee in the applicable regular course of business shall account for and pay the
same to the insurer, insured, producer, or other person entitled thereto. (b) Any producer
who, not being lawfully entitled thereto, diverts or appropriates such funds, or any portion
thereof, to his or her own use shall, upon conviction, be guilty of theft of property punishable
as provided in Article 1, commencing with Section 13A-8-1, of Chapter 8 of Title 13A. (Acts
1971, No. 407, p. 707, §148; Act 2001-702, p. 1509, §11.)...
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10-8-47
Section 10-8-47 (Repealed effective January 1, 2001) Right of partner to formal accounting.
Repealed by Acts 1996, No. 96-528, p. 685, §1, effective January 1, 2001. (Acts 1971, No.
1513, p. 2609, §22.)...
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10-8-54
Section 10-8-54 (Repealed effective January 1, 2001) Liability of partnership for breach of
trust. Repealed by Acts 1996, No. 96-528, p. 685, §1, effective January 1, 2001. (Acts 1971,
No. 1513, p. 2609, §14.)...
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40-14-21
Section 40-14-21 Foreign corporations. Repealed by Act 99-665, 2nd Sp. Sess., §
9. As to effective date, see the Code Commissioner's Notes in the supplement. (Acts 1935,
No. 194, p. 256; Code 1940, T. 51, §345; Acts 1961, Ex. Sess., No. 49, p.
1905; Acts 1981, 2nd Ex. Sess., No. 81-1073, p. 320, §3; Acts 1994, No. 94-245,
p. 343, §4.)...
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40-14-22
Section 40-14-22 Domestic corporations. Repealed by Act 99-665, 2nd Sp. Sess., §
9. As to effective date, see the Code Commissioner's Notes in the supplement. (Acts 1935,
No. 194, p. 256; Code 1940, T. 51, §346; Acts 1961, Ex. Sess., No. 50, p.
1907; Acts 1981, 2nd Ex. Sess., No. 81-1073, p. 320, §4; Acts 1990, No. 90-242,
p. 299, §1.)...
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40-14-1
Section 40-14-1 Qualification of foreign corporation. Repealed by Act 99-665, 2nd Sp. Sess.,
§ 9. As to effective date, see the Code Commissioner's Notes in the supplement.
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §339; Acts 1967,
Ex. Sess., No. 169, p. 215, §2.)...
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40-14-2
Section 40-14-2 Statement filed with Department of Revenue. Repealed by Act 99-665, 2nd Sp.
Sess., § 9. As to effective date, see the Code Commissioner's Notes in the supplement.
(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §340; Acts 1992, No.
92-186, §33.)...
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40-14-23
Section 40-14-23 How statements made. Repealed by Act 99-665, 2nd Sp. Sess., §
9. As to effective date, see the Code Commissioner's Notes in the supplement. (Acts 1935,
No. 194, p. 256; Code 1940, T. 51, §343; Acts 1992, No. 92-186, p. 349, §34.)...

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