Alabama § 27-13-40 Suspension of License or Certificate of Authority

Alabama Statutes

§ 27-13-40 — Suspension of License or Certificate of Authority

Alabama § 27-13-40

Title 27Insurance

Ch. 13Rates and Rating Organizations

Art. 2Fire, Etc., and Inland Marine Insurance

This text of Alabama § 27-13-40 (Suspension of License or Certificate of Authority) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 27-13-40 (2026).

Text

Any rating organization which violates any provisions of this article shall be subject to suspension of its license, and any insurer making its own rates which violates any provision of this article shall be subject to suspension of its certificate of authority to do business in this state. Failure of a rating organization, or insurer making its own rates, to comply with the provisions of any order of the commissioner within 30 days after such order, or any extension thereof as the commissioner may, in his discretion, grant shall automatically suspend the license of such rating organization or insurer.

Free access — add to your briefcase to read the full text and ask questions with AI

Any rating organization which violates any provisions of this article shall be subject to suspension of its license, and any insurer making its own rates which violates any provision of this article shall be subject to suspension of its certificate of authority to do business in this state. Failure of a rating organization, or insurer making its own rates, to comply with the provisions of any order of the commissioner within 30 days after such order, or any extension thereof as the commissioner may, in his discretion, grant shall automatically suspend the license of such rating organization or insurer.