Ala. Admin. Code r. 482-1-142-.04 - Report Of Organization Of A Domestic Insurer Or Admission Of A NonDomestic Insurer

Biographical information in form and substance substantially in accordance with the current NAIC Biographical affidavit and authorization, (Attachment A) shall be furnished to the commissioner of insurance by all promoters, incorporators, directors, trustees and principal officers or proposed directors and principal officers, as the case may be, of an insurer being organized or of an insurer applying for admission. Financial and character reports of any such persons may be ordered by the commissioner and the cost or expense of such reports shall be paid by the incorporators as an organization expense or by the insurer applying for admission.

Notes

Ala. Admin. Code r. 482-1-142-.04

New: Filed December 19, 2007; effective January 1, 2008. Filed with LRS December 19, 2007. Rule is not subject to the Alabama Administrative Procedure Act.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, § 27-2-17.