Code of Alabama

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36-1-6.1
Section 36-1-6.1 Professional liability coverage for state employees or agents; duties of Finance
Director; self-insurance; costs of insurance. (a) The various state agencies, departments,
boards, or commissions shall determine and report their needs for liability coverage to the
Finance Director, the Insurance Commissioner, and the Attorney General. The Finance Director,
with the advice of the Insurance Commissioner and Attorney General, shall then determine the
type of blanket policy needed to provide basic coverage for deaths, injuries, or damages arising
out of the negligent or wrongful acts or omissions committed by state employees or agents
of the state, including retired licensed physicians and dentists while they are voluntarily
serving at free health care clinics and individuals serving as foster parents licensed or
approved by the Department of Human Resources to maintain homes for a child or children under
the supervision of the department or serving as adult foster care...
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45-37A-51.262
Section 45-37A-51.262 Life insurance; security. (a) Should a participant obtaining a loan terminate
employment for any reason, the participant shall be required to post security or collateral
to allow for payments on the loan to continue subsequent to retirement or repay the loan balance
within 60 days after termination, or the participant's retirement benefit under Division 6
shall be affected. The entire pension loan, including interest thereon, shall be paid in full
prior to receiving any pension benefits funds or return of contributions. Provided however,
if the participant is due to collect a retirement benefit beginning immediately upon termination,
the posting of insurance and/or security shall allow the payments to be deducted from the
participant's pension check. Such security may include a policy of insurance on his or her
life, all premiums payable by the participant, providing for the insurance company to repay
the unpaid balance of the loan in the event of his or her death...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37A-51.262.htm - 1K - Match Info - Similar pages

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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27-44-5
Section 27-44-5 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACCOUNT. Either
of the three accounts created under Section 27-44-6. (2) ASSOCIATION. The Alabama Life and
Disability Insurance Guaranty Association created under Section 27-44-6. (3) AUTHORIZED ASSESSMENT
or the term AUTHORIZED when used in the context of assessments. A resolution by the board
of directors has been passed whereby an assessment will be called immediately or in the future
from member insurers for a specified amount. An assessment is authorized when the resolution
is passed. (4) BENEFIT PLAN. A specific employee, union, or association of natural persons
benefit plan. (5) CALLED ASSESSMENT or the term CALLED when used in the context of assessments.
A notice that has been issued by the association to member insurers requiring that an authorized
assessment be paid within the time frame set forth within...
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32-6-8
Section 32-6-8 Temporary instruction and learner's licenses. (a) Any person 16 years of age
or older who, except for his or her lack of instruction in operating a motor vehicle, would
otherwise be qualified to obtain a driver's license under this article may apply for a learner's
license, and the Department of Public Safety, Driver License Division, may issue the license
upon a form which shall be provided by the Director of Public Safety, entitling the applicant,
while having the license in his or her immediate possession, to drive or operate a motor vehicle
upon the highways for a period of four years, except when operating a motorcycle, the person
shall be accompanied by a licensed driver who is at least 21 years of age and actually occupying
a seat beside the driver. At the time of applying for the license, the applicant shall pay
to the Department of Public Safety, Driver License Division, a fee of twenty dollars ($20),
and the Department of Public Safety, Driver License Division,...
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32-7B-6
Section 32-7B-6 Responsibilities of the department. The department shall do the following:
(1) Cooperate with insurers in operating the online insurance verification system. (2) Maintain
the list of authorized requesting entities and individuals and make that a part of the online
insurance verification system. (3) Maintain the online insurance verification system framework
necessary to inquire of insurers using the key or keys in accordance with subdivision (3)
of Section 32-7B-4. (4) Provide data security for the type of information transferred as prescribed
by the advisory council. Data secured via the online insurance verification system may not
be shared with any party other than those permitted by state or federal privacy laws. (5)
Be responsible for keeping the advisory council informed on functionality, and planned or
unplanned service interruptions. (6) Provide alternative methods of reporting for small insurers
writing no more than 500 vehicles in the state as prescribed by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7B-6.htm - 2K - Match Info - Similar pages

40-12-398
Section 40-12-398 Bond prerequisite to issuance of license. Before any master dealer license
may be issued to a new motor vehicle dealer, used motor vehicle dealer, motor vehicle rebuilder,
or motor vehicle wholesaler, the applicant shall deliver to the commissioner a good and sufficient
surety bond, executed by the applicant as principal and by a corporate surety company qualified
to do business in the state as surety, in the sum of not less than fifty thousand dollars
($50,000) or an amount as prescribed by the department. Such bond shall be in a form to be
approved by the commissioner, and shall be conditioned that the motor vehicle dealer, motor
vehicle rebuilder, or motor vehicle wholesaler shall comply with the conditions of any contract
made by such dealer in connection with the sale or exchange of any motor vehicle and shall
not violate any of the provisions of law relating to the conduct of the business for which
he or she is licensed. Such bond shall be payable to the...
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40-14B-13
Section 40-14B-13 Indemnification, etc., of certified investors. The certified capital company
may agree to indemnify, or purchase a guaranty, indemnity, bond, insurance policy, or other
payment undertaking for the benefit of a certified investor for losses resulting from the
recapture or forfeiture of premium tax credits under Section 40-14B-12. (Act 2002-429, p.
1108, ยง13.)...
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45-2-22.06
Section 45-2-22.06 Conditions of amendment, modification, termination, etc., of agreement.
(a) Notwithstanding any agreement and except as otherwise provided for in this part, a supplier
shall not: Amend or modify an agreement; cause a wholesaler to resign from an agreement; or
cancel, terminate, fail to renew, or refuse to continue under an agreement, unless the supplier
has complied with all of the following: (1) Has satisfied the applicable notice requirements
of subsection (c). (2) Has acted in good faith. (3) Has good cause for the amendment, modification,
cancellation, termination, nonrenewal, discontinuance, or forced resignation. (b) For each
amendment, modification, termination, cancellation, nonrenewal, or discontinuance, the supplier
shall have the burden of proving that it has acted in good faith, that the notice requirements
under this section have been complied with, and that there was good cause for the amendment,
modification, termination, cancellation, nonrenewal, or...
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45-37-21.07
Section 45-37-21.07 Amendment, modification, termination, etc., of agreement. (a) Notwithstanding
any agreement and except as otherwise provided for in this part, a supplier shall not amend
or modify an agreement; cause a wholesaler to resign from an agreement; or cancel, terminate,
fail to renew, or refuse to continue under an agreement, unless, in any of the foregoing cases,
the supplier has complied with all of the following: (1) Has satisfied the applicable notice
requirements of subsection (c). (2) Has acted in good faith. (3) Has good cause for the amendment,
modification, cancellation, termination, nonrenewal, discontinuance, or forced resignation.
(b) For each amendment, modification, termination, cancellation, nonrenewal, or discontinuance,
the supplier shall have the burden of proving that it has acted in good faith, that the notice
requirements under this section have been complied with, and that there was good cause for
the amendment, modification, termination,...
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