Alabama § 27-31B-28 Risk Retention Groups to Comply with Certain Accreditation Standards

Alabama Statutes

§ 27-31B-28 — Risk Retention Groups to Comply with Certain Accreditation Standards

Alabama § 27-31B-28

Title 27Insurance

Ch. 31BAlabama Captive Insurers Act

This text of Alabama § 27-31B-28 (Risk Retention Groups to Comply with Certain Accreditation Standards) 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 § 27-31B-28 (2026).

Text

A risk retention group formed pursuant to this chapter shall comply with any provision determined to be applicable to the National Association of Insurance Commissioners’ (NAIC) accreditation standards for Risk Retention Groups and any provision of this title determined to be applicable by the commissioner. Applicable provisions shall be adopted by the commissioner pursuant to, and in accordance with, Section 27-2-17.

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A risk retention group formed pursuant to this chapter shall comply with any provision determined to be applicable to the National Association of Insurance Commissioners’ (NAIC) accreditation standards for Risk Retention Groups and any provision of this title determined to be applicable by the commissioner. Applicable provisions shall be adopted by the commissioner pursuant to, and in accordance with, Section 27-2-17.