Alabama Code 11-26-5. Health and accident group to file bylaws and schedules with Insurance Commissioner; group exempt from regulation and tax
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Terms Used In Alabama Code 11-26-5
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
Each health and accident self-insurance group established under the provisions of this chapter shall file with the State Insurance Commissioner, a copy of its bylaws and schedule of benefits and charges. Such group, however, shall be exempt from regulation by the Department of Insurance of the State of Alabama and all premiums or charges collected shall be exempt from insurance premium tax.