Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-148 - TITLE INSURANCE AGENTS
Section 482-1-148-.12 - Compliance
Universal Citation: AL Admin Code R 482-1-148-.12
Current through Register Vol. 43, No. 02, November 27, 2024
(1)
(a) Every title insurance agent subject to
this chapter shall complete an application for license renewal in accordance
with Rule
482-1-148-.08.
(b) The license of any individual or business
entity title insurance agent failing to complete the application for license
renewal within the time specified in paragraph (2) of Rule
482-1-148-.08 will expire but
there is a 30-day grace period following the expiration during which time the
licensee can renew with payment of the late fee plus the renewal fee. If the
licensee shall complete the application for license renewal prior to the end of
said 30-day grace period, along with the payment of the applicable fees, the
license will not expire.
(2) Any licensee completing an application for license renewal in accordance with paragraph (1) above but failing to meet the educational requirements imposed by this chapter within the times set forth in this chapter will not be renewed until the licensee shall have complied with the educational requirements of this chapter.
(3) If the licensee has complied with the educational requirements of Rule 482-1-148-.10 and has otherwise complied with this chapter, the license will be renewed.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§2 7-5-4, et seq. (2012), 27-25-8 (2001).
Disclaimer: These regulations may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.