Alabama Statutes
§ 27-10-54 — Transaction of Insurance Business Not Authorized by Article
Alabama·Title 27 Insurance·Ch. 10 Unauthorized Insurers and Surplus Lines·Art. 3 Unauthorized Insurers Process Act
Nothing in the Unauthorized Insurers Process Act shall be construed to authorize or permit the transaction of any insurance business in this state by any unauthorized insurer nor relieve any such insurer from any penalty provided by law in the transaction of business in this state.
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Legislative History
(Acts 1951, No. 768, p. 1335, §5; Acts 1971, No. 407, p. 707, §218.)