Section 27-31C-6 Exemptions from chapter.
Section 27-31C-6
Exemptions from chapter.
The commissioner, by rule, regulation, or order, may exempt an Alabama Coastal Captive Insurance Company, on a case-by-case basis, from provisions of this chapter that are determined to be inappropriate given the nature of the risks to be insured and the intent of this chapter.
(Act 2008-391, p. 742, §2.)