Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-160 - ADJUSTMENT OF CERTAIN FEES ACCORDING TO CHANGES IN THE CPI
Section 482-1-160-.03 - Premium Finance Company Fees

Universal Citation: AL Admin Code R 482-1-160-.03

Current through Register Vol. 42, No. 11, August 30, 2024

The Commissioner of Insurance hereby sets the following fees as are declared necessary for the administration and enforcement of Chapter 40 of Title 27, Code of Ala. 1975, relating to the regulation of premium finance companies, adjusted according to Code of Ala. 1975, § 41-1-11:

(a) Annual license fee, generally............. $264.00

(b) Annual license fee, for an insurance agency which finances its own business of less than $150,000.00 in premiums annually ........................................... $66.00

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-40-3, 27-40-7, Ala. Act No. 2015-441.

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