Ala. Admin. Code r. 482-1-159-.07

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

Section 482-1-159-.07 - [Effective 1/1/2025] Contractor Conflict Of Interest

(1) Contractors may not have a financial interest in any project for which they perform work toward a FORTIFIED designation other than for payment on behalf of the homeowner by the SAH program.

(2) Contractors cannot be the Evaluator for a FORTIFIED designation on any project funded by the SAH program.

(3) It is the Contractor's responsibility to report to the SAH program any potential conflicts of interest before work commences on any job funded by the program.

Ala. Admin. Code r. 482-1-159-.07

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

Amended by Alabama Administrative Monthly Volume XLII, Issue No. 09, June 28, 2024, eff. 1/1/2025.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-31E-2, & 27-31E-5.