Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-156 - CREDIT FOR REINSURANCE
Section 482-1-156-.13 - Other Security

Universal Citation: AL Admin Code R 482-1-156-.13
Current through Register Vol. 42, No. 5, February 29, 2024

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-5B-1, et seq. (2013)

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