Code of Alabama
Title 41 - State Government.
Chapter 15 - State Insurance Fund.

Section 41-15-1 - Creation; Purpose. - There shall be a fund, to be known as the...

Section 41-15-2 - Department of Finance to Administer Chapter; Administrator of State Insurance Fund. - The Department of Finance is hereby constituted and designated as...

Section 41-15-3 - Survey and Appraisal of Property. - The Director of Finance may make or cause to be...

Section 41-15-4 - Value for Which State Property to Be Insured; Annual Certification; Gap Coverage and Gap Plus Coverage; Survey of Public Property; Sale or Salvage of Insured Items. - (a) All covered property, unless otherwise provided in this section,...

Section 41-15-5 - Basis Upon Which Premiums Charged Generally; Reinsurance. - The net premium charged shall be based on the current...

Section 41-15-6 - Payment of Premiums Generally. - All premiums shall be paid to the Department of Finance,...

Section 41-15-8 - Resolution of Disagreements Between Department of Finance and Person in Charge of Insured Property as to Value of Property, Premium Rates, Etc. - In the event a disagreement arises between the Department of...

Section 41-15-9 - Director of Finance May Prescribe Insurance Coverages, Forms of Policies, etc., Define Terms, Make Rules and Regulations, etc., for Administration of Chapter. - The Director of Finance is authorized to prescribe insurance coverages,...

Section 41-15-10 - Premiums and Collected Earnings to Constitute Trust Fund; Surplus May Be Invested in Bonds, Stocks, Mutual Funds, etc.; Limitations and Conditions; Requisition for Payment of Losses, Expenses, Etc. - All premiums and earnings collected under the provisions of this...

Section 41-15-11 - Limitations Upon Expenditure of Funds; Employees Subject to Merit System. - No part of the funds provided for in Section 41-15-10...

Section 41-15-12 - Appropriation for Payment of Excess Fire or Tornado Losses; Reimbursement. - There is hereby appropriated from the Treasury the sum of...

Section 41-15-13 - Appropriation of Funds Received in Payment for Loss to Property by Fire, Etc. - There is hereby appropriated in addition to all other appropriations...