{"data":{"id":"us-al/ala.-code-27-31b-13","jurisdiction":"us-al","citation":"Ala. Code § 27-31B-13","heading":"Reinsurance.","body":"(a) A captive insurance company may provide reinsurance, as authorized in this title, on risks ceded by any other insurer.\n(b) A captive insurance company may take credit for reserves on risks or portions of risks ceded to reinsurers complying with Sections 27-5B-4 through 27-5B-9. A captive insurer shall not take credit for the reserves on risks or portions of risks ceded to reinsurers not complying with Sections 27-5B-4 through 27-5B-9.\n(c) For all purposes of this chapter, insurance by a captive insurance company of any workers’ compensation plan of its parent and affiliates shall be deemed to be reinsurance.","path":["Title 27 Insurance.","Chapter 31B Alabama Captive Insurers Act."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=27-31B-13","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"13293f645253ffc54f332ef763155e25f38a2d545bbcfe3d287d717fcd9936b7","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-27-31b-12","next":"us-al/ala.-code-27-31b-14"},"notice":"GroundRules: Original legal text. Not legal advice."}