Alabama Administrative Code
Title 535 - ALABAMA MANUFACTURED HOUSING COMMISSION
Chapter 535-X-15 - BONDING AND INSURANCE
Section 535-X-15-.03 - Bonding And Insurance Requirements
Universal Citation: AL Admin Code R 535-X-15-.03
Current through Register Vol. 42, No. 5, February 29, 2024
To obtain licensure, manufacturers, retailers, and installers must hold a valid bond and general liability insurance coverage as follows:
Who | *Bond | Insurance |
Manufacturer | 25K per Licensed Facility or a minimum of 100K | 1 M |
Retailer | 25K for 1 to 3 Facilities 50K for more than 3 | 500K |
Installer | 20K | 100K |
*After a periodic review of valid claims, the Commission may decrease or increase the bond requirements.
Author: Jim Sloan
Statutory Authority: Code of Ala. 1975, § 24-6-4.
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