{"data":{"id":"us-al/ala.-code-27-6a-3","jurisdiction":"us-al","citation":"Ala. Code § 27-6A-3","heading":"Licensure Requirements.","body":"(a) No person, firm, association, or corporation shall act in the capacity of a managing general agent with respect to risks located in this state for an insurer licensed in this state unless then licensed in this state as a managing general agent of the insurer.\n(b) No person, firm, association, or corporation shall act in the capacity of a managing general agent representing an insurer domiciled in this state with respect to risks located outside this state unless then licensed in this state as a managing general agent of the insurer. Where applicable, the license may be a nonresident license pursuant to this chapter.\n(c) The commissioner may require the managing general agent to maintain a bond in an amount acceptable to the commissioner for the protection of the insurer.\n(d) The commissioner may require the managing general agent to maintain an errors and omissions policy.","path":["Title 27 Insurance.","Chapter 6A Managing General Agents."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=27-6A-3","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"ac23b4c0df06f9d5800c04688ea6aa97819ad766137ca80e0c940c619f391aeb","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-27-6a-2","next":"us-al/ala.-code-27-6a-4"},"notice":"GroundRules: Original legal text. Not legal advice."}