2022 Code of Alabama
Title 27 - Insurance.
Chapter 31B - Alabama Captive Insurers Act.
Section 27-31B-4 - Fees.

Universal Citation: AL Code § 27-31B-4 (2022)

Section 27-31B-4

Fees.

(a) The commissioner shall collect the following fees in connection with Section 27-31B-3:

(1) Filing application for license, two hundred dollars ($200).

(2) License fee, for initial license and each annual renewal thereof, three hundred dollars ($300).

(b) All fees collected pursuant to this section shall be deposited in the State Treasury to the credit of the Insurance Department Fund.

(Act 2006-509, p. 1153, §1.)

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