Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-111 - LICENSING OF LIMITED LINE CREDIT INSURANCE PRODUCERS
Section 482-1-111-.06 - Licensing Procedures
Current through Register Vol. 42, No. 5, February 29, 2024
(1) Business Entities. To be licensed as a producer, business entities shall comply with the requirements set forth in Chapter 482-1-147. To renew a producer license, business entities shall comply with the requirements set forth in Chapter 482-1-110.
(2) Individuals. To be licensed as a producer, individuals shall comply with the requirements set forth in Chapter 482-1-147. To renew a producer license, individuals shall comply with the requirements set forth in Chapter 482-1-110.
(3) In accordance with Subsection (d) of Section 27-7-5, Code of Ala. 1975, each insurer must provide a program of instruction for each limited line credit insurance producer acting on its behalf.
Author: Reyn Norman, Associate Counsel
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-7-43.