Ala. Code § 27-31-24

Current with legislation from 2024 effective through May 17, 2024.
Section 27-31-24 - Levy of assessments on subscribers of domestic insurers - Aggregate liability

No one policy or subscriber as to such policy shall be assessed or charged with an aggregate of contingent liability as to obligations incurred by a domestic reciprocal insurer in any one calendar year in excess of the amount provided for in the power of attorney or in the subscribers' agreement, computed solely upon premium earned on such policy during that year.

Ala. Code § 27-31-24 (1975)

Acts 1971, No. 407, p. 707, §614.