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Statutes > Alabama Statutes > Title 41 — STATE GOVERNMENT. > Chapter 15 — STATE INSURANCE FUND.

Chapter 15 — STATE INSURANCE FUND.

  • Section 41-15-1 Creation; purpose.
  • Section 41-15-2 Department of Finance to administer chapter; administrator of State Insurance Fund.
  • Section 41-15-3 Survey and appraisal of property.
  • Section 41-15-4 Value for which state property to be insured; annual certification; insuring of buildings, equipment, etc., used for school purposes, etc.; survey of public property; sale of items for
  • Section 41-15-5 Basis upon which premiums charged generally; reinsurance.
  • Section 41-15-6 Payment of premiums generally.
  • Section 41-15-8 Resolution of disagreements between Department of Finance and person in charge of insured property as to value of property, premium rates, etc.
  • Section 41-15-9 Director of Finance may prescribe insurance coverages, forms of policies, etc., define terms, make rules and regulations, etc., for administration of chapter.
  • Section 41-15-10 Premiums and collected earnings to constitute trust fund; surplus may be invested in bonds, stocks, mutual funds, etc.; limitations and conditions; requisition for payment of losses,
  • Section 41-15-11 Limitations upon expenditure of funds; employees subject to Merit System.
  • Section 41-15-12 Appropriation for payment of excess fire or tornado losses; reimbursement.
  • Section 41-15-13 Appropriation of funds received in payment for loss to property by fire, etc.




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