Alabama Statutes
§ 27-31-26 — Distribution of Unused Premiums, Etc
Alabama § 27-31-26
This text of Alabama § 27-31-26 (Distribution of Unused Premiums, Etc) 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 § 27-31-26 (2026).
Text
A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. Any such distribution shall not unfairly discriminate between classes of risks or policies or between subscribers, but such distribution may vary as to classes of subscribers, based upon the loss experience of such subscribers.
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Legislative History
(Acts 1971, No. 407, p. 707, §616.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-31-26, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-31-26.