Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-142 - BIOGRAPHICAL DATA RELATING TO COMPANY OFFICERS AND DIRECTORS
Section 482-1-142-.07 - Subsequent Reports

Universal Citation: AL Admin Code R 482-1-142-.07
Current through Register Vol. 43, No. 02, November 27, 2024

When such a report has been provided to the commissioner by a company in accordance with paragraphs .04 and .06 of this chapter, no further report concerning subsequent changes in his status as an officer or director of such company need be reported to the commissioner provided; however, the company shall promptly report to the commissioner any information concerning the conviction of an officer or director for a felony or the naming of a director, trustee or officer, other than as a party plaintiff or complainant, in any criminal action or in a civil action in which fraud was an issue.

Author: Commissioner of Insurance

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

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