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Statutes > Alabama Statutes > Title 27 — INSURANCE. > Chapter 40 — INSURANCE PREMIUM FINANCE COMPANIES.

Chapter 40 — INSURANCE PREMIUM FINANCE COMPANIES.

  • Section 27-40-1 Definitions.
  • Section 27-40-2 Exemptions from chapter.
  • Section 27-40-3 Licenses - Required; fees; information to be furnished commissioner.
  • Section 27-40-4 Licenses - Investigation and qualifications of applicant; issuance.
  • Section 27-40-5 Licenses - Suspension or revocation.
  • Section 27-40-6 Books and records.
  • Section 27-40-7 Promulgation and enforcement of rules and regulations.
  • Section 27-40-8 Contents and style of premium finance agreement.
  • Section 27-40-9 Service charges; prepayment of obligation.
  • Section 27-40-10 Delinquency and cancellation charges.
  • Section 27-40-11 Procedure for cancellation of insurance contract upon default.
  • Section 27-40-12 Return of gross unearned premiums upon cancellation of contract.
  • Section 27-40-13 Filing of agreement.
  • Section 27-40-14 Exclusive jurisdiction of Department of Insurance.
  • Section 27-40-15 Premium financed to be sent to insurance company, agent, or surplus lines broker; issuance of drafts, etc.; duties with respect to cancellation.
  • Section 27-40-16 Payment of rebates or inducements prohibited; purchase of premium finance agreement.
  • Section 27-40-17 Notification of existence of premium finance agreement.
  • Section 27-40-18 Delivery of copy of premium finance agreement to insured.




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