Ala. Admin. Code r. 482-1-159-.07
Contractor Conflict Of Interest
Effective Aug 12, 2024New Rule: July 7, 2022; effective July 17, 2022. Published with LSA July 29, 2022. Rule is not subject to the Alabama Administrative Procedure Act. Amended: Published June 28, 2024; effective January 1, 2025. Published with LSA June 28, 2024. This rule is not subject to the Alabama Administrative Procedure Act.Alabama Department of Insurance
- (1) Contractors may not have a financial interest in any project for which they perform work toward a FORTIFIED designation other than for payment on behalf of the homeowner by the SAH program.
- (2) Contractors cannot be the Evaluator for a FORTIFIED designation on any project funded by the SAH program.
- (3) It is the Contractor's responsibility to report to the SAH program any potential conflicts of interest before work commences on any job funded by the program.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§27-2-17; 27-31E-2; 27-31E-5.
History: New Rule: July 7, 2022; effective July 17, 2022. Published with LSA July 29, 2022. Rule is not subject to the Alabama Administrative Procedure Act. Amended: Published June 28, 2024; effective January 1, 2025. Published with LSA June 28, 2024. This rule is not subject to the Alabama Administrative Procedure Act.