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2018 Code of Alabama
Title 40 - REVENUE AND TAXATION.
Chapter 14B - CERTIFIED CAPITAL COMPANY; PREMIUM TAX CREDIT.
Section 40-14B-13 - Indemnification, etc., of certified investors.
Universal Citation: AL Code § 40-14B-13 (2018)
Section 40-14B-13Indemnification, etc., of certified investors.
The certified capital company may agree to indemnify, or purchase a guaranty, indemnity, bond, insurance policy, or other payment undertaking for the benefit of a certified investor for losses resulting from the recapture or forfeiture of premium tax credits under Section 40-14B-12.
(Act 2002-429, p. 1108, §13.)
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