Code of Alabama

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16-8-42.1
Section 16-8-42.1 Authority for risk management cooperative. (a) Definitions. For the purpose
of this section, the following terms shall have the meanings subscribed to them by this section:
(1) RISK MANAGEMENT COOPERATIVE. An entity or entities, to be formed by local boards of education
in any combination of 25 or more for the purpose of pooling resources and funds to jointly
purchase insurance or to self-insure such boards of education, their members and employees,
against risks to which they are exposed. (2) MEMBER BOARDS OF EDUCATION. A city board of education,
county board of education, Department of Youth Services School District, Alabama Institute
for Deaf and Blind, State Board of Education or other public education governing board which
elects to pool its resources and funds with one or more other boards of education for the
purpose of forming a risk management cooperative. (b) Boards of education in any combination
of 25 or more may establish a risk management cooperative for...
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27-11-5
Section 27-11-5 Secretary of State as agent for service of process on insurer; service of process;
attachment of jurisdiction; fees for service. (a) Any insurer not qualified under the laws
of this state to transact the business of insurance as evidenced by a license or certificate
of authority from the Commissioner of Insurance which shall transact, or attempt to transact,
the business of insurance in this state or which shall do, or attempt to do, any of the acts
and occurrences set out in Section 27-11-3 shall, by the doing of such business or the performing
or attempting to perform any of such acts, be deemed to have appointed the Secretary of State,
or his successor or successors in office, to be the true and lawful attorney or agent of such
insurer whom process may be served in any action accrued or accruing from the transacting
of such business or the performing of such act by any such insurer, or by its agent, servant,
or employee. Service of such process shall be made by...
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27-25-4.5
Section 27-25-4.5 License denial, non-renewal, or revocation. (a) The commissioner may place
on probation, suspend, revoke, or refuse to issue or renew the license of a title insurance
agent or may levy a civil penalty pursuant to subsection (d), or any combination of these
actions, for any one or more of the following causes: (1) Providing incorrect, misleading,
incomplete, or materially untrue information in the license application. (2) Violating any
insurance laws, rules, subpoena, or order of the commissioner. (3) Obtaining or attempting
to obtain a license through misrepresentation or fraud. (4) Improperly withholding, misappropriating,
or converting any monies or properties received in the course of acting as a title insurance
agent or in otherwise doing insurance business in this state or elsewhere. (5) Intentionally
misrepresenting the terms of an actual title insurance contract. (6) Having been convicted
of a felony. (7) Having admitted or been found to have committed any...
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27-29A-5
Section 27-29A-5 ORSA Summary Report. (a) Upon the commissioner's request, and no more than
once each year, an insurer shall submit to the commissioner an ORSA Summary Report or any
combination of reports that together contain the information described in the ORSA Guidance
Manual, applicable to the insurer or the insurance group of which it is a member, or both.
Notwithstanding any request from the commissioner, if the insurer is a member of an insurance
group, the insurer shall submit the report or reports required by this subsection if the commissioner
is the lead state commissioner of the insurance group as determined by the procedures within
the Financial Analysis Handbook adopted by the NAIC. (b) The report or reports shall include
a signature of the insurer or insurance group's chief risk officer or other executive having
responsibility for the oversight of the insurer's enterprise risk management process attesting
to the best of his or her belief and knowledge that the insurer...
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27-60-2
Section 27-60-2 Interstate Insurance Product Regulation Compact. The State of Alabama hereby
agrees to the following interstate compact known as the Interstate Insurance Product Regulation
Compact: ARTICLE I. PURPOSES. The purposes of this compact are, through means of joint and
cooperative action among the compacting states: 1. To promote and protect the interest of
consumers of individual and group annuity, life insurance, disability income, and long-term
care insurance products; 2. To develop uniform standards for insurance products covered under
the compact; 3. To establish a central clearinghouse to receive and provide prompt review
of insurance products covered under the compact and, in certain cases, advertisements related
thereto, submitted by insurers authorized to do business in one or more compacting states;
4. To give appropriate regulatory approval to those product filings and advertisements satisfying
the applicable uniform standard; 5. To improve coordination of...
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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...
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2-27-56
Section 2-27-56 Surety bond or liability insurance. Each applicant for a license to perform
the custom application of pesticides shall, before a license is issued to him, furnish and
file with the commissioner a surety bond in which the State of Alabama is named as obligee
in the sum of $3,000.00 for each applicant operating ground equipment or not more than two
aircraft. Where an applicant operates more than two aircraft, the amount of the bond required
to be furnished shall be increased by the sum of $3,000.00 for each additional aircraft, provided
the total amount of any bond required under this section shall not exceed the sum of $12,000.00.
The bond shall be conditioned for the protection of, and that the licensee will answer in
damages to, persons who may suffer legal damages as a result of licensee's custom application
of pesticides or drift to plants, animals or property or by failure of licensee to comply
with any of the requirements of this article, and rules and regulations...
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2-9-22
Section 2-9-22 Insurance for employees of Department of Agriculture and Industries at shipping
points, etc. The Commissioner of Agriculture and Industries, subject to approval by the Governor,
is hereby authorized and empowered and may enter into a contract by bond or policy with an
insurance company authorized to do business in this state whereby employees of the Department
of Agriculture and Industries who are engaged in work involving inspection, grading, classifying,
weighing or otherwise handling agricultural commodities at shipping points, terminal markets,
receiving centers or elsewhere will be insured against personal injury or death caused by
accidental means while discharging their duties as such employees. The amount of insurance
protection to be paid to any employee as authorized under this section on account of death,
injury or disability shall not exceed the amount or amounts as provided by the workmen's compensation
laws of the State of Alabama if such employees were...
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22-21-374
Section 22-21-374 Fees and taxes; applicable insurance laws. (a) A dental service corporation
will pay the prescribed fees and taxes required of a disability insurer. (b) The following
provisions of the insurance laws of this state apply to dental service corporations authorized
by this article, to the extent that they are not inconsistent with the provisions herein:
(1) Title 27, Chapters 1 and 2, Administration and General Provisions. (2) Title 27, Chapter
2B, Risk-Based Capital for Insurers. (3) Title 27, Chapter 4, Fees and Taxes. (4) Title 27,
Chapter 6, Administration of Deposits. (5) Title 27, Chapter 12, Unfair Trade Practices. (6)
Title 27, Chapter 32, Insurer Insolvency; Rehabilitation and Liquidation. (c) The commissioner
may by rule modify or waive any requirements referred to in subsection (b) for dental service
corporations if that is necessary to avoid unreasonable hardship, expense, or inconvenience
and if the interests of subscribers continue to be adequately...
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25-13-19
Section 25-13-19 Insurance policies. (a) Elevator contractors shall submit to the administrator
an insurance policy, or certified copy thereof, issued by an insurance company authorized
to do business in the state to provide general liability coverage of at least one million
dollars ($1,000,000) for injury or death of any number of persons in any one occurrence and
with coverage of at least five hundred thousand dollars ($500,000) for property damage in
any one occurrence and the statutory workers' compensation insurance coverage. (b) Elevator
inspectors, not employed by the authority having jurisdiction, shall submit to the administrator
an insurance policy, or certified copy thereof, issued by an insurance company authorized
to do business in the state to provide general liability coverage of at least one million
dollars ($1,000,000) for injury or death of any number of persons in any one occurrence and
with coverage of at least five hundred thousand dollars ($500,000) for property...
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