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27-6A-5
Section 27-6A-5 Duties of insurer. Insurers shall have the following duties: (1) The insurer
shall have on file an independent financial examination, in a form acceptable to the commissioner,
of each managing general agent with which it has done business. (2) If a managing general
agent establishes loss reserves, the insurer shall annually obtain the opinion of an actuary
attesting to the adequacy of loss reserves established for losses incurred and outstanding
on business produced by the managing general agent. This is in addition to any other required
loss reserve certification. (3) The insurer shall periodically, and at least semi-annually,
conduct an onsite review of the underwriting and claims processing operations of the managing
general agent. (4) Binding authority for all reinsurance contracts or participation in insurance
or reinsurance syndicate shall rest with an officer of the insurer, who shall not be affiliated
with the managing general agent. (5) Within 30 days of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6A-5.htm - 2K - Match Info - Similar pages
27-7-4.4
Section 27-7-4.4 Fingerprints. (a) In order to make a determination of insurance producer license
eligibility, the commissioner is authorized to require fingerprints of initial resident applicants
for an insurance producer license and to submit the fingerprints and the fee required to perform
the criminal history record checks to the Alabama Department of Public Safety and the Federal
Bureau of Investigation (FBI) for state and national criminal history record checks. (b) The
commissioner shall require a criminal history record check on each initial resident applicant
for insurance producer license in accordance with this section. The commissioner shall require
each applicant to submit a full set of fingerprints, including a scanned file from a hard
copy fingerprint, in order for the commissioner to obtain and receive national criminal history
records from the FBI Criminal Justice Information Services Division. (c) The commissioner
may contract for the collection, transmission, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-4.4.htm - 3K - Match Info - Similar pages
27-7-7
Section 27-7-7 Licenses - Application - Generally; fees. Repealed by Act 2001-702, p. 1509,
ยง 6, effective January 1, 2002. (a) The commissioner shall not issue any license except upon
application therefor as in this chapter provided. Each applicant for a license shall file
annually with the commissioner his written application therefor signed by him and showing:
(1) His name, age and place of residence; (2) The kinds of insurance to be transacted under
the license and the insurer or insurers he proposes so to represent; (3) The person, firm
or corporation by whom he expects to be employed or associated with as such licensee and his
status as an officer or representative thereof; (4) Whether he proposes to write or solicit
insurance of his own risks and interest, or those of his relatives, any firm or corporation
in which he is financially interested or connected, directly or indirectly, or of his employer;
(5) A short business history of the applicant and the name and nature of any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-7.htm - 4K - Match Info - Similar pages
30-3-191
Section 30-3-191 Definitions. When used in Sections 30-3-191 to 30-3-199, inclusive, the following
words shall have the following meanings: (1) ACCOUNT. A demand deposit account, checking or
negotiable withdrawal order account, savings account, time deposit account, or money-market
mutual fund account. (2) BUSINESS DAY. A day on which state offices are open for regular business.
(3) COMMERCIAL DRIVER LICENSE. A license issued to an individual that authorizes the individual
to drive a motor vehicle as part of conducting business. (4) CONFIDENTIAL INFORMATION. Information
provided by a service applicant or recipient or obtained from other sources about him or her
which may be released only as required by court order or state or federal law. (5) COURT.
A court of competent jurisdiction or administrative agency having the authority to issue and
enforce support orders. (6) DATA MATCH. An automated process of matching specified information
from the financial records of financial institutions...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/30-3-191.htm - 5K - Match Info - Similar pages
32-6-31
of conviction for: (1) Manslaughter or negligent homicide resulting from the operation of a
motor vehicle; (2) Driving a motor vehicle while under the influence of intoxicating liquor
or a narcotic drug, or under the influence of any other drug to a degree which renders the
driver incapable of safely driving a motor vehicle; (3) Any felony in the commission of which
a motor vehicle is used; (4) Failure to stop and render aid in the event of a motor vehicle
accident resulting in the death or personal injury of another. (b) As to other
convictions, reported pursuant to article III, the licensing authority in the home state shall
give such effect to the conduct as is provided by the laws of the home state. (c) If the laws
of a party state do not provide for offenses or violations denominated or described in precisely
the words employed in subdivision (a) of this article, such party state shall construe the
denomination and description appearing in subdivision (a) hereof as being...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-31.htm - 10K - Match Info - Similar pages
34-14B-3
of each partner or venturer, if the applicant is a partnership or joint venture; or the name
and address of the corporate officers and statutory agent for service, if the applicant is
a corporation. (3) A certificate issued by an insurance company licensed to do business in
the State of Alabama that the applicant has procured public liability and property damage
insurance covering the applicant's home inspection operations in the sum of not less than
twenty thousand dollars ($20,000) for injury or damage to property; and fifty thousand
dollars ($50,000) for injury or damage, including death, to any one person; and one
hundred thousand dollars ($100,000) for injury or damage, including death, to more
than one person; or at any greater limits of liability prescribed by the Building Commission;
and, in addition, evidence of insurance against the errors and omissions of the home inspector
in an amount and form to be prescribed by the Building Commission. (4) Evidence of one of
the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-14B-3.htm - 3K - Match Info - Similar pages
41-10-44.3
Section 41-10-44.3 Additional powers of authority. In addition to the powers granted to it
in Section 41-10-26 and in Sections 41-10-37 through 41-10-43, the authority shall have the
following powers: (1) To adopt and alter bylaws for the regulation and conduct of its affairs
and business; (2) To borrow money and to issue project obligations, whether or not the interest
thereon is excluded from gross income for federal income tax purposes, for the purpose of
financing project costs, and to provide for the rights of the purchasers, holders or owners
of its project obligations; (3) To execute and deliver mortgages, security agreements and
trust indentures and other forms of agreements for the purpose of securing its project obligations,
and in connection therewith, to mortgage, pledge or assign the revenues, receipts and other
property of the authority received, and the financing agreements entered into by the authority
in connection with, the financing of projects under this Article 2A;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-44.3.htm - 5K - Match Info - Similar pages
41-10-45.4
Section 41-10-45.4 Repayment of loans. (a) In order to provide for the repayment of a loan
by a qualifying borrower for a project, the qualifying borrower is hereby authorized and empowered
to do and perform any one or more of the following: (1) To obligate itself to pay to the authority
at periodic intervals a sum sufficient to repay the authority loan according to the terms
thereof; (2) To levy, collect, and pay over to the authority and to obligate itself to continue
to levy, collect, and pay over to the authority the proceeds of any fee, charge, license,
permit, tax, or other source of revenue; (3) To undertake and obligate itself to pay its contractual
obligation to the authority solely from the proceeds from any one or more of the sources specified
in paragraph (2), or to impose upon itself a general obligation pledge to the authority additionally
secured by a pledge of any one or more of such sources; (4) To obligate itself to continue
to levy and collect such revenues, fees,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-10-45.4.htm - 2K - Match Info - Similar pages
45-1-200
Section 45-1-200 License requirements for door-to-door sales. (a) All persons engaged in the
business of selling products door-to-door for profit in Autauga County shall have a state
transient business license, governed by either Section 40-12-172 or Section 40-12-174, if
applicable, and a county business license issued by the commissioner of licenses, and shall
pay any license or privilege fee and any issuance fee required therefor. (b) The person or
business shall apply for application to the commissioner of licenses on forms provided by
the commissioner. The application form shall require the applicant to fully describe the nature
of the business and the type of products or services to be sold. (c) Any person who is engaged
in door-to-door sales shall provide to the commissioner his or her full name, date of birth,
Social Security number or federal employer identification number, driver's license or other
government issued identification number, address, and the name and address of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-1-200.htm - 4K - Match Info - Similar pages
6-5-543
Section 6-5-543 Damages against health care provider to be itemized; future damages over $150,000
to be paid by periodic payments over period of years; judgment to specify payment terms; requirement
to post security or provide evidence of insurance; future damages not to be reduced to present
value; attorney's fees; termination of periodic payments; contempt of court upon continuing
pattern of failure to make payments; modification of judgment; legislative intent. (a) In
any action for injury or damages whether in contract or in tort against a health care
provider based on a breach of the standard of care the damages assessed by the trier of fact
shall be itemized as follows: (1) Past damages, (2) Future damages, (3) Punitive damages.
The trier of fact shall not reduce any future damages to present value. If the trial court
determines that any one or more of the above categories is not recoverable in the action,
that category or categories shall be omitted from the itemization. (b)...
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