Ala. Admin. Code r. 482-1-003-.04

Current through Register Vol. 43, No. 1, October 31, 2024

Section 482-1-003-.04 - Billing And Payment

(1) Billing by the Department for expenses, subsistence and compensation may be weekly, bi-weekly, or may be deferred until completion of the examination. All funds collected pursuant to appropriate statute and application of this chapter shall be promptly deposited to the credit of the Special Examination Revolving Fund in the State Treasury.

(2) Payment to the specially designated examiners and actuaries for their expenses, subsistence and compensation shall be made by the Commissioner of Insurance on State warrants drawn upon said Special Examination Revolving Fund.

Author: Reyn Norman, Associate Counsel

Ala. Admin. Code r. 482-1-003-.04

New Rule: August 1, 1957; effective August 1, 1957. Amended: March 14, 1979; effective April 1, 1979. Amended: September 18, 1981; effective October 1, 1981. Revised: January 16, 2003; effective January 26, 2003. Filed with LRS January 16, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Revised: February 8, 2008; effective March 1, 2008. Filed with LRS February 8, 2008. Rule is not subject to the Alabama Administrative Procedure Act.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-2-20, etseq., 27-2-50, etseq., 36-7-20, 36-7-21.