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Alabama · Through Act 2026-611

Ala. Code § 41-15-8: Resolution of Disagreements Between Department of Finance and Person in Charge of Insured Property as to Value of Property, Premium Rates, Etc.

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Where this section sits in the code
  1. Title 41 State Government.
  2. Chapter 15 State Insurance Fund.

In the event a disagreement arises between the Department of Finance and any person or persons in charge of any insured property as to its replacement cost or actual cash value or the amount payable under the claim for loss or the proper premium rate or rates, the matter in disagreement shall be determined by a third person to be agreed upon by the Director of Finance on the one hand and the person or persons disagreeing with him or her on the other. In case of inability to agree on such third person, the Governor shall appoint a third person to determine the question, and his or her decision thereon shall be binding on all parties concerned.

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

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