For the purpose of this chapter :
(1) ALABAMA COASTAL CAPTIVE INSURANCE COMPANY. A captive insurance company, as is defined by Section 27-31B-2(8), that is specifically formed to provide homeowners insurance coverage as limited in Section 27-31B-3(a)(4) and as defined and limited in the standard real property and contents insurance forms as approved by the commissioner.
(2) COMMISSIONER. The Commissioner of Insurance of the State of Alabama.
(3) DEPARTMENT. The Alabama Department of Insurance.
(4) PERIL. The cause of an insured loss.
(5) STATE. The State of Alabama.
Structure Code of Alabama
Chapter 31C - Alabama Coastal Captive Insurance Act.
Section 27-31C-1 - Short Title.
Section 27-31C-2 - Definitions.
Section 27-31C-3 - License to Provide Homeowners Insurance; Exemptions; Powers and Duties.
Section 27-31C-4 - Issuance of License - Requirements.
Section 27-31C-5 - Formation Requirements.
Section 27-31C-6 - Exemptions From Chapter.
Section 27-31C-7 - Confidentiality of Information.