(a) A person commits the crime of transacting insurance without a license if he or she knowingly transacts the business of insurance in violation of laws requiring a license, certificate of authority, or other legal authority for the transaction of the business of insurance.
(b) Transacting insurance without a license is a Class A misdemeanor.
Structure Code of Alabama
Chapter 12A - Insurance Fraud Investigation Unit and Crime Prevention Act.
Article 1 - Definitions and Crime of Insurance Fraud.
Section 27-12A-1 - Definitions.
Section 27-12A-1.1 - Legislative Intent.
Section 27-12A-2 - Insurance Fraud - Definition.
Section 27-12A-3 - Insurance Fraud in the First Degree.
Section 27-12A-4 - Insurance Fraud in the Second Degree.
Section 27-12A-5 - Transacting Insurance Without a License.
Section 27-12A-7 - Enforcement.
Section 27-12A-8 - Licensing Penalties for Insurance Fraud.
Section 27-12A-9 - Administrative Cease and Desist Authority.