Ala. Code § 27-5B-4

Licensed Reinsurer.

(Act 2013-209, p. 463, §1.)

Credit shall be allowed when the reinsurance is ceded to an assuming insurer that is licensed to transact insurance or reinsurance in this state.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.