Ala. Admin. Code r. 482-1-077-.02

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

Section 482-1-077-.02 - Purpose

The purpose of this chapter is to define the use of clearing corporations and custodians by domestic insurance companies and set out requirements of custody agreements.

Ala. Admin. Code r. 482-1-077-.02

New Rule: November 13, 1986; effective February 14, 1987. Supplemented May 29, 1990; effective July 1, 1990. Revised: January 25, 1996; effective February 5, 1996. Revised: May 27, 2003; effective June 9, 2003. Filed with LRS May 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act.

Amended by Alabama Administrative Monthly Volume XL, Issue No. 10, July 29, 2022, eff. 7/17/2022.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, § 27-2-17.