Alabama § 27-6B-3 Application of Chapter to Licensed Insurer

Alabama Statutes

§ 27-6B-3 — Application of Chapter to Licensed Insurer

Alabama § 27-6B-3

Title 27Insurance

Ch. 6BBusiness Transacted with Producer Controlled Property and Casualty Insurer Law

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Bluebook

Ala. Code § 27-6B-3 (2026).

Text

This chapter shall apply to any licensed insurer as defined in Section 27-6B-2, either domiciled in this state or domiciled in a state that is not an accredited state but having in effect a substantially similar law. The Alabama Insurance Holding Company System Regulatory Act, Chapter 29 (commencing with Section 27-29-1) of Title 27, to the extent it is not superseded by this chapter, shall continue to apply to all parties within holding company systems subject to this chapter.

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This chapter shall apply to any licensed insurer as defined in Section 27-6B-2, either domiciled in this state or domiciled in a state that is not an accredited state but having in effect a substantially similar law. The Alabama Insurance Holding Company System Regulatory Act, Chapter 29 (commencing with Section 27-29-1) of Title 27, to the extent it is not superseded by this chapter, shall continue to apply to all parties within holding company systems subject to this chapter.