GroundRules
Ala. Code § 27-41-31: Particular Investments - Data Processing and Accounting Systems.
Where this section sits in the code
- Title 27 Insurance.
- Chapter 41 Investments of Domestic Insurers and Health Maintenance Organizations.
An insurer may invest in electronic and mechanical machines constituting a data processing and accounting system if the cost of such system is not less than $10,000.00 and cost for such machines is amortized in full over a period not to exceed 10 calendar years.
Collected 2026-09-03T14:01:51Z. Source file · JSON