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27-25-4.1
Section 27-25-4.1 Title agent qualifications. (a) The commissioner may contract with non-governmental
entities, including NAIC, to perform any ministerial functions, including the collection of
fees and data, related to licensing that the commissioner may deem appropriate. The commissioner
may require that license applications, license renewal applications, notices of appointments
and appointment terminations, and supporting documentation be filed and all required fees
and charges be paid electronically through systems operated or maintained by the non-governmental
entities. (b) An individual applying for a title insurance agent license shall apply to the
commissioner on the appropriate NAIC Uniform Individual Application and declare under penalty
of suspension, revocation, or refusal of the license that the statements made in the application
are true, correct, and complete to the best of the individual's knowledge and belief. Before
approving the application, the commissioner shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.1.htm - 3K - Match Info - Similar pages
27-7-1
Section 27-7-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings respectively ascribed to them by this section: (1) BUSINESS ENTITY. A corporation,
association, partnership, limited liability company, limited liability partnership, or other
legal entity. (2) COMMISSIONER. The Alabama Commissioner of Insurance. (3) HOME STATE. The
District of Columbia and any state or territory of the United States in which an insurance
producer maintains his or her principal place of residence or principal place of business
and is licensed to act as an insurance producer. (4) INSURANCE. As defined in Section 27-1-2.
(5) INSURANCE PRODUCER or PRODUCER. A person required to be licensed under the laws of this
state to sell, solicit, or negotiate insurance. (6) INSURER. As defined in Section 27-1-2.
For the purposes of this chapter, insurer shall also mean an insurance company licensed pursuant
to Chapter 3, commencing with Section 27-3-1 of this title; a health...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-1.htm - 7K - Match Info - Similar pages
27-25-4.7
Section 27-25-4.7 Fees. (a) The Commissioner of Insurance shall collect in advance the following
fees: (1) Title insurance agent licenses: a. Individuals: 1. Application fee (for filing of
initial application for license) ...$20 2. License fee (for issuance of original license and
each biennial renewal) ...$40 b. Business entities: 1. Application fee (for filing of initial
application for license) ...$20 2. License fee (for original license and each biennial renewal)
...$100 c. Examination fee, an amount set by the commissioner not to exceed...$100 d. Late
renewal fee, to be paid by each title insurance agent failing to make a timely renewal of
license...$50 (2) Title insurance agent appointment fee: a. Filing notice of appointment ...$30
b. Annual continuation of appointment ...$10 (3)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.7.htm - 1K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.5.htm - 3K - Match Info - Similar pages
27-25-4.3
Section 27-25-4.3 Prelicensing course and examination. (a)(1) Every individual subject to the
examination required in subsection (b) shall first complete a prelicensing course consisting
of 20 classroom hours or equivalent individual instruction on the general principles of title
insurance, the duties and responsibilities of a title insurance agent, and the title insurance
laws and regulations of this state. The course shall be taught only by those educational institutions,
title insurers, or title insurance trade organizations which hold written authority from the
commissioner. (2) The prelicensing course must have been completed within 12 months before
the date of the examination as shown on the certificate furnished by the prelicensing course
provider. (3) Every prelicensing course provider shall apply annually for the continued authority
to issue certificates of completion under rules and regulations to be prescribed by the commissioner.
(4) At the time of initial approval and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.3.htm - 4K - Match Info - Similar pages
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;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
27-7-5.3
Section 27-7-5.3 Licenses - Limited license for self-service storage facility. (a) As used
in this section, the following terms shall have the following meanings: (1) LIMITED LICENSEE.
A person or entity authorized to sell certain coverages for personal property maintained in
self-service storage facilities pursuant to this section. (2) OCCUPANT. A person, his or her
sublessee, successor, or assign entitled to the use of the storage space at a self-service
storage facility under a rental agreement, to the exclusion of others. (3) OWNER. The owner,
operator, lessor, or sublessor of a self-service storage facility, his or her agent, or any
other person authorized by him or her to manage the self-service storage facility or to receive
rent from an occupant under a rental agreement. (4) PERSONAL PROPERTY. Any movable property
not affixed to land including, but not limited to, goods, wares, merchandise, motor vehicles,
watercraft, and household items and furnishings. (5) RENTAL AGREEMENT....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-5.3.htm - 7K - Match Info - Similar pages
11-51-90.1
Section 11-51-90.1 Definitions. As used in this article, the following terms shall have the
following meanings: (1) BUSINESS. Any commercial or industrial activity or any enterprise,
trade, profession, occupation, or livelihood, including the lease or rental of residential
or nonresidential real estate, whether or not carried on for gain or profit, and whether or
not engaged in as a principal or as an independent contractor, which is engaged in, or caused
to be engaged in, within a municipality. (2) BUSINESS LICENSE. An annual license issued by
a taxing jurisdiction for the privilege of doing any kind of business, trade, profession,
or any other activity in that jurisdiction, by whatever name called, which document is required
to be conspicuously posted or displayed except to the extent the taxpayer's business license
tax or other financial information is listed thereon or unless the municipality affirmatively
elects not to so require. However, municipal occupational licenses,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-51-90.1.htm - 6K - Match Info - Similar pages
10A-1-1.03
Section 10A-1-1.03 Definitions. As used in this title, unless the context otherwise requires,
the following terms mean: (1) AFFILIATE. A person who controls, is controlled by, or is under
common control with another person. An affiliate of an individual includes the spouse, or
a parent or sibling thereof, of the individual, or a child, grandchild, sibling, parent, or
spouse of any thereof, of the individual, or an individual having the same home as the individual,
or a trust or estate of which an individual specified in this sentence is a substantial beneficiary;
a trust, estate, incompetent, conservatee, protected person, or minor of which the individual
is a fiduciary; or an entity of which the individual is director, general partner, agent,
employee or the governing authority or member of the governing authority. (2) ASSOCIATE. When
used to indicate a relationship with: (A) a domestic or foreign entity for which the person
is: (i) an officer or governing person; or (ii) a beneficial...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-1-1.03.htm - 25K - Match Info - Similar pages
9-17-105
Section 9-17-105 Permits; LP-Gas Recovery Fund; proof of insurance; surety bond; Liquefied
Petroleum Gas Board Personal Bond Fund; change of name. (a) The board may issue permits to
any person, who is a citizen of the United States or, if not a citizen of the United States,
is legally present in the United States with appropriate documentation from the federal government,
to engage in or continue the business of selling, distributing, storing, or transporting liquefied
petroleum gases and to engage in or continue the business of installing, servicing, repairing,
removing, or adjusting liquefied petroleum gas containers, tanks, or systems or to perform
magnetic, hydrostatic, visual, or X-ray inspections of liquefied petroleum gas storage containers,
cargo tanks, motor fuel containers, and cylinders in the State of Alabama; and to prescribe
the requirements of any person to obtain the permits. The board may revoke any permit issued,
for cause, in the opinion of the board. (b) The permits...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-17-105.htm - 19K - Match Info - Similar pages
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