Ala. Admin. Code r. 482-1-055-.09

Current through Register Vol. 43, No. 02, November 27, 2024

Section 482-1-055-.09 - Subsidiaries Of Domestic Insurers

The authority to invest in subsidiaries under subsection (b) of Section 27-29-2 is in addition to any authority to invest in subsidiaries which may be contained in any other provision of the Insurance Code.

Author: Commissioner of Insurance

Revised: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on June 10, 2003, pursuant to the Code of Ala. 1975, § 27-7-43.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-29-8.