Alabama Statutes
§ 27-31-24 — Levy of Assessments on Subscribers of Domestic Insurers - Aggregate Liability
Alabama § 27-31-24
This text of Alabama § 27-31-24 (Levy of Assessments on Subscribers of Domestic Insurers - Aggregate Liability) 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 § 27-31-24 (2026).
Text
No one policy or subscriber as to such policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year in excess of the amount provided for in the power of attorney or in the subscribers’ agreement, computed solely upon premium earned on such policy during that year.
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Legislative History
(Acts 1971, No. 407, p. 707, §614.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-31-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-31-24.