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27-10-3
Section 27-10-3 Actions by unauthorized insurers not allowed; exceptions. (a) No unauthorized
insurer shall institute or file, or cause to be instituted or filed, any action or proceeding
in this state to enforce any right, claim, or demand arising out of any insurance transaction
in this state until such insurer has obtained a certificate of authority to transact such
insurance in this state. (b) This section does not apply as to: (1) Transactions for
which a certificate of authority is not required; (2) Surplus line coverages written under
this chapter; or (3) Coverages exempted from the surplus line law under Section 27-10-34.
(Acts 1963, No. 521, p. 1112, §6; Acts 1971, No. 407, p. 707, §193.)...
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32-7-22
Section 32-7-22 Motor vehicle liability policy defined; policy provisions. (a) A motor
vehicle liability policy, as the term is used in this chapter, means an owner's or an operator's
policy of liability insurance, certified as provided in Section 32-7-20 or Section
32-7-21 as proof of financial responsibility, and issued, except as otherwise provided in
Section 32-7-21, by an insurance carrier duly authorized to transact business in this
state, to or for the benefit of the person named in the policy as insured. (b) The owner's
policy of liability insurance: (1) Shall designate by explicit description or by appropriate
reference all motor vehicles to be insured; and (2) Shall insure the person named in the policy
and any other person, as insured, using any motor vehicle or motor vehicles designated in
the policy with the express or implied permission of the named insured, against loss from
the liability imposed by law for damages arising out of the ownership, maintenance, or use
of...
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5-25-3
Section 5-25-3 Persons excluded. The following persons are not subject to the provisions
of this chapter: (1) Any depository institution as defined in Section 3 of the Federal
Deposit Insurance Act, any subsidiary institution that is owned and controlled by a depository
institution, and employees of any of the foregoing. Bank holding companies and subsidiaries
of bank holding companies, thrift holding companies and subsidiaries of thrift holding companies,
trust companies, savings or building and loan associations, savings banks and other thrift
institutions, credit unions, and all other affiliates of each of the above persons if more
than 50 percent of the affiliate's shares or other ownership interests are owned or controlled
by such person, and federally or state constituted agencies and employees of any of the foregoing.
(2) Any person licensed under Section 5-19-22. (3) An attorney licensed to practice
law in Alabama who is not principally engaged in negotiating mortgage loans...
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22-3A-2
Section 22-3A-2 Definitions. The following words and phrases used in this chapter, unless
the context clearly indicates otherwise, shall have the following respective meanings: (1)
AUTHORITY. The public corporation organized pursuant to the provisions of this chapter. (2)
BONDS. The bonds issued under the provisions of this chapter. (3) COUNTY BOARD(S) OF HEALTH.
County board(s) of health provided for in Chapter 3 of Subtitle 1 of Title 22. (4) DIRECTORS.
The board of directors of the authority. (5) GOVERNMENT SECURITIES. Any bonds or other obligations
which as to principal and interest constitute direct obligations of, or are unconditionally
guaranteed by, the United States of America, including obligations of any federal agency to
the extent such obligations are unconditionally guaranteed by the United States of America
and any certificates or any other evidences of an ownership interest in such obligation of,
or unconditionally guaranteed by, the United States of America or in...
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25-5-8
Section 25-5-8 Employers' options to secure payment of compensation. (a) Option to insure
risks. An employer subject to this chapter may secure the payment of compensation under this
chapter by insuring and keeping insured his or her liability in some insurance corporation,
association, organization, insurance association, corporation, or association formed of employers
and workers or formed by a group of employers to insure the risks under this chapter, operating
by mutual assessment or other plans or otherwise. Notwithstanding the foregoing, the insurance
association, organization, or corporation shall have first had its contract and plan of business
approved in writing by the Commissioner of the Department of Insurance of Alabama and have
been authorized by the Department of Insurance to transact the business of workers' compensation
insurance in this state and under the plan. Notwithstanding any other provision of the law
to the contrary, the obligations of employers under law for...
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36-29A-3
Section 36-29A-3 Employee Injury Compensation Trust Fund. There is hereby established
a separate special trust fund in the State Treasury to be known as the Employee Injury Compensation
Trust Fund. All receipts collected under the provisions of this chapter shall be deposited
in this fund and used only to carry out the provisions of this chapter. Any funds unspent
and unencumbered at the end of each fiscal year shall not revert to any other fund in the
State Treasury but shall be carried forward to the succeeding fiscal year. All funds in the
Employee Injury Compensation Trust Fund may be invested and reinvested by the Director of
Finance, through the Division of Risk Management, under the same terms as apply to the State
Insurance Fund. There is hereby appropriated from the Employee Injury Compensation Trust Fund
such amounts as are necessary to pay claims, benefits, administrative costs, and all other
costs of the program. (Acts 1994, No. 94-680, p. 1308, §3.)...
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40-9B-3
Section 40-9B-3 Definitions. (a) For purposes of this chapter, the following words and
phrases mean: (1) ABATE, ABATEMENT. A reduction or elimination of a taxpayer's liability for
tax or payments required to be made in lieu thereof. An abatement of transaction taxes imposed
under Chapter 23 of this title, or payments required to be made in lieu thereof, shall relieve
the seller from the obligation to collect and pay over the transaction tax as if the sale
were to a person exempt, to the extent of the abatement, from the transaction tax. (2) ALTERNATIVE
ENERGY RESOURCES. The definition given in Section 40-18-1. (3) CONSTRUCTION RELATED
TRANSACTION TAXES. The transaction taxes imposed by Chapter 23 of this title, or payments
required to be made in lieu thereof, on tangible personal property and taxable services incorporated
into an industrial development property, the cost of which may be added to capital account
with respect to the property, determined without regard to any rule which...
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10A-20-6.16
Section 10A-20-6.16 Applicability of insurance laws. (a) No statute of this state applying
to insurance companies shall be applicable to any corporation organized under this article
and amendments thereto or to any contract made by the corporation; except the corporation
shall be subject to the following: (1) The provisions regarding annual premium tax to be paid
by insurers on insurance premiums. (2) Chapter 55 of Title 27. (3) Article 2 and Article 3
of Chapter 19 of Title 27. (4) Section 27-1-17. (5) Chapter 56 of Title 27. (6) Rules
promulgated by the Commissioner of Insurance pursuant to Sections 27-7-43 and 27-7-44. (7)
Chapter 54 of Title 27. (8) Chapter 57 of Title 27. (9) Chapter 58 of Title 27. (10) Chapter
59 of Title 27. (11) Chapter 54A of Title 27. (12) Chapter 12A of Title 27. (13) Chapter 2B
of Title 27. (14) Chapter 29 of Title 27. (15) Chapter 62 of Title 27. (b) The provisions
in subsection (a) that require specific types of coverage to be offered or provided shall...
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23-1-56
Section 23-1-56 Contracts to do work - Qualification of bidders. (a) Prequalifications
of contractors. The Director of Transportation shall require all bidders to furnish a statement
under oath, on such forms as the State Department of Transportation may prescribe, of detailed
information with respect to their financial resources, equipment, past record, and experience
of both the firm and personnel of the organization, together with such other information as
the State Department of Transportation may deem necessary for carrying out the provisions
of this chapter. Such forms shall include a financial statement actually prepared by a certified
public accountant (C.P.A.) or any independent licensed public accountant approved by the Alabama
State Department of Transportation, an inventory of equipment listing its location and book
value, a listing of material and equipment houses with whom a line of credit is established
as well as those firms from whom principal materials and equipment...
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27-21A-28
Section 27-21A-28 Taxes. Health maintenance organizations doing business in this state
shall be subject to and pay the annual premium tax to be paid by health insurers on health
insurance premiums. The same taxes and filing requirements applicable to health insurers under
this title, shall apply to and shall be imposed upon each health insurance organization licensed
under the provisions of this chapter; and the organization shall also be entitled to the same
tax deductions, reductions, abatements, and credits that health insurers are entitled to receive.
(Acts 1986, No. 86-471, p. 854, §28; Acts 1993, No. 93-679, p. 1291, §9; Acts 1997, No.
97-227, p. 372, §1.)...
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