Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-077 - CUSTODIAL AGREEMENTS AND USE OF CLEARING CORPORATIONS BY DOMESTIC INSURANCE COMPANIES
Section 482-1-077-.02 - Purpose
Universal Citation: AL Admin Code R 482-1-077-.02
Current through Register Vol. 42, No. 11, August 30, 2024
The purpose of this chapter is to define the use of clearing corporations and custodians by domestic insurance companies and set out requirements of custody agreements.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, § 27-2-17.
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