Section 27-7-1 Definitions. For the purposes of this chapter, the following terms shall have the meanings respectively ascribed to them by this section: (1) BUSINESS ENTITY. A corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity. (2) COMMISSIONER. The Alabama Commissioner of Insurance. (3) HOME STATE. The District of Columbia and […]
Section 27-7-10 Licenses – Examination – Scope; notification; when given. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1957, No. 530, p. 726, §6; Acts 1971, No. 407, p. 707, §125; Acts 1988, No. 88-123, p. 159, §1.)
Section 27-7-10.1 Licenses – Examination – Waiting period for person failing two examinations. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1991, No. 91-483, p. 875, §2.)
Section 27-7-11 Licenses – Examination – Study materials; contents; conduct; grading. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1957, No. 530, p. 726, §6; Acts 1971, No. 407, p. 707, §126; Acts 1982, No. 82-401, p. 606, §1; Acts 1988, No. 88-123, p. 159, §1.)
Section 27-7-12 Licenses – Examination – Renewal or continuation. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1957, No. 530, p. 726, §8; Acts 1971, No. 407, p. 707, §127.)
Section 27-7-13 Licenses – Examination – Exemptions; exception. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1957, No. 530, p. 726, §6; Acts 1971, No. 407, p. 707, §128; Acts 1988, No. 88-123, p. 159, §1.)
Section 27-7-14 Licenses – Examination – Consultations with experienced persons. The commissioner shall, from time to time as an aid to the efficient administration of this chapter, consult with individuals experienced in the insurance business, to include officers, employees, managing general agents, managers, and licensed producers engaged in the business, to the end that an […]
Section 27-7-14.1 Licenses – Lines of authority; renewal. (a) Unless denied licensure pursuant to Section 27-7-19, persons who have met the requirements of Sections 27-7-4.3 and 27-7-5 shall be issued an insurance producer license. An insurance producer may receive qualification for a license in one or more of the following lines of authority: (1) LIFE. […]
Section 27-7-14.2 Validity of existing licenses for automobile and industrial fire lines of authority. (a) Every license for the automobile and industrial fire lines of authority in force immediately prior to January 1, 2013, and existing under any law amended by Act 2012-312 is valid until its expiration date on or after January 1, 2013, […]
Section 27-7-15 Licenses – Issuance or refusal. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1957, No. 530, p. 726, §6; Acts 1971, No. 407, p. 707, §130.)
Section 27-7-16 Licenses – Reapplication or reexamination upon denial; fees therefor. Repealed by Acts 1991, No. 91–483, p. 875, § 3, effective July 29, 1991. (Acts 1957, No. 530, p. 726, §6, Act 1971, No. 407, p. 707, §131.)
Section 27-7-17 Licenses – Contents; centralized producer license registry. (a) The license of a producer or service representative shall state the name and address of the licensee, the personal identification number, date of issuance, the lines of authority, the expiration date, and any other information the commissioner deems necessary. (b) Licensees shall inform the commissioner […]
Section 27-7-18 Licenses – Continuation and expiration; exception. Repealed by Act 2001-702, p. 1509, §16, effective January 1, 2002. (Acts 1971, No. 407, p. 707, §133; Acts 1988, No. 88-123, p. 159, §1.)
Section 27-7-19 Licenses – Penalties. (a) The commissioner may place on probation, refuse to issue or renew, suspend, or revoke the license of any licensee under this chapter, or may levy a civil penalty in accordance with subsection (c), or any combination of actions, for any one or more of the following causes: (1) Any […]
Section 27-7-2 Applicability of chapter. (a) This chapter governs the qualifications and procedures for the licensing of insurance producers and service representatives. It simplifies and organizes some statutory language to improve efficiency, permits the use of new technology, and reduces costs associated with issuing and renewing insurance licenses. (b) This chapter does not apply to […]
Section 27-7-20 Licenses – Proceedings to suspend or revoke. Repealed by Act 2012-312, §5, effective January 1, 2013. (Acts 1957, No. 530, p. 726, §11; Acts 1971, No. 407, p. 707, §152.)
Section 27-7-21 Licenses – Notice of refusal to renew or of suspension or revocation. Repealed by Act 2012-312, §5, effective January 1, 2013. (Acts 1957, No. 530, p. 726, §9; Acts 1971, No. 407, p. 707, §153.)
Section 27-7-22 Licenses – Return for cancellation; affidavit in lieu thereof. (a) All licenses issued under this chapter, though issued to a licensee, at all times are the property of the State of Alabama, and upon notice of any suspension, revocation, refusal to renew, expiration, or other termination of the license, the licensee, or other […]
Section 27-7-23 Temporary license – Generally. (a) The commissioner may, in his or her discretion, issue a temporary producer license without requiring an examination or prelicensing course if the commissioner deems the temporary license is necessary for the servicing of an insurance business in any of the following cases: (1) To the surviving spouse or […]
Section 27-7-24 Temporary license – Pending examination of agent. (a) The commissioner may, in his or her discretion, issue a temporary license as producer to an applicant who is qualified for the license except as to having taken and passed a written examination therefor, if the applicant is actively engaged in a course of study, […]
