Ala. Admin. Code r. 482-1-107-.06

Current through Register Vol. 43, No. 02, November 27, 2024

Section 482-1-107-.06 - Retaliatory Provisions

Pursuant to Section 27-3-29, Code of Ala. 1975, if an applicant's state of domicile imposes any taxes, licenses or other fees, in the aggregate, or deposit requirements or other material obligations, prohibitions or restrictions in excess of the licenses or other fees, in the aggregate, or other material obligations set forth in this chapter, the same taxes, licenses or other fees, deposit requirements and other material obligations, prohibitions and restrictions shall be imposed on the applicant.

Author: Commissioner of Insurance

New: August 1, 1994; effective August 11, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-5A-12.