§ 27-31D-1 Premium discount or insurance rate reduction – Construction and certification
§ 27-31D-2 Premium discount or insurance rate reduction – Fortified existing homes
§ 27-31D-3 Insurable property
§ 27-31D-4 Applicability
§ 27-31D-5 Rules and regulations

Terms Used In Alabama Code > Title 27 > Chapter 31D

  • Arraignment: A proceeding in which an individual who is accused of committing a crime is brought into court, told of the charges, and asked to plead guilty or not guilty.
  • Contract: A legal written agreement that becomes binding when signed.
  • Devise: To gift property by will.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC