Section 27-40-17 Notification of existence of premium finance agreement. - Alabama Statutes

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Section 27-40-17

Notification of existence of premium finance agreement.

Any premium finance company which enters into a premium finance agreement under this chapter shall notify the insurer whose premiums are being financed of the existence of the agreement within a reasonable period of time, not to exceed 30 days after the date the agreement is accepted by the premium finance company.

(Acts 1986, No. 86-400, p. 586, §4; Acts 1995, No. 95-309, p. 567, §1.)

State Codes and Statutes

Statutes > Alabama > Title27 > Chapter40 > 27-40-17

Section 27-40-17

Notification of existence of premium finance agreement.

Any premium finance company which enters into a premium finance agreement under this chapter shall notify the insurer whose premiums are being financed of the existence of the agreement within a reasonable period of time, not to exceed 30 days after the date the agreement is accepted by the premium finance company.

(Acts 1986, No. 86-400, p. 586, §4; Acts 1995, No. 95-309, p. 567, §1.)

State Codes and Statutes

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State Codes and Statutes

Statutes > Alabama > Title27 > Chapter40 > 27-40-17

Section 27-40-17

Notification of existence of premium finance agreement.

Any premium finance company which enters into a premium finance agreement under this chapter shall notify the insurer whose premiums are being financed of the existence of the agreement within a reasonable period of time, not to exceed 30 days after the date the agreement is accepted by the premium finance company.

(Acts 1986, No. 86-400, p. 586, §4; Acts 1995, No. 95-309, p. 567, §1.)