Failure to comply with a material provision of this or any regulation is considered a violation of Section 27-2-17, Code of Ala. 1975. Pursuant to Section 27-3-21, violation of said statute may subject the insurer to the suspension or revocation of the insurer’s Certificate of Authority.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §27-2-17.

History: New Rule: May 21, 2003, effective June 7, 2003. Filed with LRS May 28, 2003. Rule is not subject to the Alabama Administrative Procedure Act.