Alabama § 27-13-64 Rating Organizations - Admission, Withdrawal, Expulsion, or Readmission of Members or Subscribers

Alabama Statutes

§ 27-13-64 — Rating Organizations - Admission, Withdrawal, Expulsion, or Readmission of Members or Subscribers

Alabama·Title 27 Insurance·Ch. 13 Rates and Rating Organizations·Art. 3 Casualty and Surety Insurance

Every rating organization shall notify the department within 10 days upon the admission, withdrawal, or expulsion therefrom of any member or subscriber. Should a rating organization expel or otherwise exclude a subscriber for the refusal or failure of such subscriber to pay such rating organization the subscribership charges agreed upon, such rating organization shall readmit such subscriber upon payment to it of any delinquent charges.

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Every rating organization shall notify the department within 10 days upon the admission, withdrawal, or expulsion therefrom of any member or subscriber. Should a rating organization expel or otherwise exclude a subscriber for the refusal or failure of such subscriber to pay such rating organization the subscribership charges agreed upon, such rating organization shall readmit such subscriber upon payment to it of any delinquent charges.

Alabama § 27-13-64 (Rating Organizations - Admission, Withdrawal, Expulsion, or Readmission of Members or Subscribers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.