(a) If any individual asks to be excused from attending or testifying or from producing any books, papers, records, contracts, correspondence, or other documents in connection with any examination, hearing, or investigation being conducted by the commissioner or his examiner on the ground that the testimony or evidence required of him may tend to incriminate him or subject him to a penalty or forfeiture and shall, by the Attorney General, be directed to give such testimony or produce such evidence, he must nonetheless comply with such direction; but he shall not thereafter be prosecuted or subjected to any penalty or forfeiture for, or on account of, any transaction, matter or thing concerning which he may have so testified or produced evidence, and no testimony so given or evidence produced shall be received against him upon any criminal action, investigation, or proceeding; except, that no such individual so testifying shall be exempt from prosecution or punishment for any perjury committed by him in such testimony, and the testimony or evidence so given or produced shall be admissible against him upon any criminal action, investigation, or proceeding concerning such perjury; nor shall such individual be exempt from the refusal, suspension, or revocation of any license, permission, or authority conferred, or to be conferred, pursuant to this title.
(b) Any such individual may execute, acknowledge, and file in the department a statement expressly waiving such immunity or privilege in respect to any transaction, matter or thing specified in such statement, and thereupon, the testimony of such individual or such evidence in relation to such transaction, matter or thing may be received or produced before any judge, court, tribunal, grand jury, or otherwise; and, if so received or produced, such individual shall not be entitled to any immunity or privileges on account of any testimony he may so give or evidence so produced.
Structure Code of Alabama
Chapter 2 - Department and Commissioner of Insurance.
Article 1 - General Provisions.
Section 27-2-1 - Department of Insurance.
Section 27-2-2 - Commissioner of Insurance - Appointment; Term; Qualifications.
Section 27-2-3 - Commissioner of Insurance - Oath; Bond.
Section 27-2-4 - Commissioner of Insurance - Salary; Duty Generally.
Section 27-2-5 - Commissioner of Insurance - Official Seal.
Section 27-2-6 - Commissioner of Insurance - Offices.
Section 27-2-7 - Commissioner of Insurance - Powers and Duties.
Section 27-2-7.1 - Commissioner of Insurance - Hearings on Automobile Insurance Rate Increases.
Section 27-2-8 - Commissioner of Insurance - Delegation of Powers, Etc.
Section 27-2-9 - Commissioner of Insurance - Annual Report.
Section 27-2-11 - Assignment of Assistant Attorney General.
Section 27-2-12 - Travel Expenses.
Section 27-2-13 - Conflicts of Interest; Additional Compensation, Etc.
Section 27-2-14 - Records, Documents, and Files - Custody; Inspection; Reproduction; Destruction.
Section 27-2-15 - Records, Documents, and Files - Use as Evidence.
Section 27-2-16 - Publication of Materials Relating to Insurance.
Section 27-2-17 - Rules and Regulations.
Section 27-2-17.1 - Regulations to Provide for Biennial Renewal of Licenses.
Section 27-2-18 - Orders and Notices of Commissioner.
Section 27-2-19 - Enforcement of Insurance Code.
Section 27-2-20 - Examinations - Power Generally.
Section 27-2-21 - Examinations - Affairs, etc., of Insurers and Surplus Line Brokers.
Section 27-2-22 - Examinations - Examiners.
Section 27-2-23 - Examinations - How Conducted.
Section 27-2-24 - Examinations - Report; Confidentiality of Information.
Section 27-2-25 - Examinations - Expenses.
Section 27-2-26 - Witnesses and Evidence for Examination, Investigation or Hearing - Generally.
Section 27-2-28 - Hearings - Power to Hold.
Section 27-2-29 - Hearings - Notice.
Section 27-2-30 - Hearings - How Conducted.
Section 27-2-31 - Hearings - Order.
Section 27-2-32 - Hearings - Appeals.
Section 27-2-33 - Order of Supervision - Authority of Commissioner; Reasons for Issuance.
Section 27-2-35 - Order of Supervision - Withdrawal of Order; Duration of Order.
Section 27-2-37 - Order of Supervision - Form and Content; Appeal.
Section 27-2-38 - Order of Supervision - Notice and Hearing as to Issuance.
Section 27-2-39 - Creation of Insurance Department Fund; Payment of Fees, Etc.