Notwithstanding any other provision of law, the commissioner shall have sole authority to regulate the issuance and sale of variable contracts and the licensing of persons selling such contracts and to issue reasonable rules and regulations as may be appropriate to carry out the purposes and provisions of this chapter.
Ala. Code § 27-38-4
Variable Contracts - Rules and Regulations.
(Acts 1969, No. 565, p. 1045, §1; Acts 1971, No. 407, p. 707, §757.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.