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Alabama · Through Act 2026-611

Ala. Code § 27-31-24: Levy of Assessments on Subscribers of Domestic Insurers - Aggregate Liability.

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Where this section sits in the code
  1. Title 27 Insurance.
  2. Chapter 31 Reciprocal Insurers.

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.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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