(a) To apply for a certificate of authority, a mutual aid association shall file with the commissioner its application therefor, on forms as prescribed and furnished by him, and showing:
(1) Name of the association and the address of its principal office or place of business in this state;
(2) Name, identification, and residence address of each director, trustee, or officer of the association;
(3) The types of aid or benefits to be provided its members or policyholders;
(4) The general plan or plans according to which its business is, or will be, conducted; and
(5) Such other information as the commissioner may reasonably require.
(b) The applicant shall at the time of application for certificate of authority file with the commissioner such of the following as are not already on file with him:
(1) A copy of its articles of incorporation, its bylaws, and other charter or constituent documents, certified by the public official having custody of the original or, in the case of documents not already of public record, certified by the officer of the association having custody thereof;
(2) A copy of each policy, certificate, contract, and agreement it proposes to use in the conduct of its business and relating to aid and benefits to be provided its members or policyholders;
(3) A financial statement, upon the same form and with verification as required for its annual statement as provided for under Section 27-30-22, showing its current financial condition;
(4) A schedule of fees, dues, contributions, or other sums to be charged or received by the association in transactions under its certificate of authority, if granted;
(5) Appointment of the commissioner as its attorney to receive service of process, as required under Section 27-30-13; and
(6) Such other documents and matters as the commissioner may reasonably require.
(c) At time of filing its application, the association shall pay to the commissioner the applicable fees prescribed in subdivision (a) (1) of Section 27-4-2.
Structure Code of Alabama
Chapter 30 - Mutual Aid Associations.
Section 27-30-1 - "Mutual Aid Association" Defined.
Section 27-30-2 - Applicability of Chapter - Generally.
Section 27-30-3 - Applicability of Chapter - Exceptions.
Section 27-30-4 - Authorization to Act As, or For, Association - Generally.
Section 27-30-5 - Authorization to Act As, or For, Association - Requirements.
Section 27-30-6 - Capital Stock or Surplus Requirements for Existing Associations.
Section 27-30-7 - Name of Association.
Section 27-30-8 - Certificate of Authority - Application.
Section 27-30-9 - Certificate of Authority - Issuance or Refusal.
Section 27-30-10 - Certificate of Authority - Expiration; Renewal.
Section 27-30-11 - Certificate of Authority - Suspension or Revocation - Grounds.
Section 27-30-12 - Certificate of Authority - Suspension or Revocation - Procedure.
Section 27-30-14 - Contracts - Issuance; Contents; Approval by Commissioner.
Section 27-30-15 - Contracts - Limits of Risk.
Section 27-30-16 - Contracts - Annual Valuation - Benefits Payable in Cash.
Section 27-30-17 - Contracts - Annual Valuation - Benefits, Aid, or Services Other Than Cash.
Section 27-30-18 - Deposit - Amounts; Purpose; Kind.
Section 27-30-19 - Deposit - Administration.
Section 27-30-20 - Funds of Association.
Section 27-30-21 - Accounts and Records.
Section 27-30-22 - Annual Statement; Furnishing of Other Information.
Section 27-30-23 - Duty of Officers and Agents.
Section 27-30-24 - Examinations by Commissioner.
Section 27-30-25 - Exemption of Resident Members', etc., Interest From Process.
Section 27-30-26 - Incorporation and Financing of New Associations.
Section 27-30-27 - Qualification of Corporation for Original Certificate of Authority.
Section 27-30-28 - Increase or Decrease of Capital Stock.
Section 27-30-29 - Membership; Meetings of Members; Voting Rights.
Section 27-30-30 - Directors or Trustees.
Section 27-30-32 - Applicability of Chapters 7 and 8a.
Section 27-30-33 - Applicability of Other Provisions.
Section 27-30-34 - Provision of Domestic Life and Disability Insurance Pursuant to Chapter 3.