Ala. Admin. Code r. 482-1-147-.01

Current through Register Vol. 42, No. 10, July 31, 2024

Section 482-1-147-.01 - Purpose, Scope, And Authority

(1) The purpose of this chapter is to set forth rules and procedural requirements the Commissioner deems necessary to carry out the provisions of Chapter 7 of the Code of Ala. 1975, Tit. 27 relating to the licensing and appointment of insurance producers, temporary producers, and service representatives; and the various types of disciplinary action concerning licenses and grants of authority.

(2) This chapter shall apply to individuals and business entities applying for an insurance producer license, to individuals applying for a temporary producer license, and to all insurers appointing producers, temporary producers, and service representatives. This chapter does not apply to title insurance agents.

(3) This chapter is adopted pursuant to Code of Ala. 1975, §§ 27-2-17, 27-7-4.3, 27-7-5, 27-7-23, 27-7-24, 27-7-30, and 27-7-43.

Ala. Admin. Code r. 482-1-147-.01

New Rule: October 18, 2012; effective January 1, 2013. Filed with LRS October 18, 2012. Rule is not subject to the Alabama Administrative Procedure Act.

Amended by Alabama Administrative Monthly Volume XLI, Issue No. 10, July 31, 2023, eff. 1/1/2024.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-7-4.3, 27-7-5, 27-7-23, 27-7-24, 27-7-30, 27-7-43.