Alabama Code 27-10-22. Endorsement of surplus line contract
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Terms Used In Alabama Code 27-10-22
- Contract: A legal written agreement that becomes binding when signed.
- following: means next after. See Alabama Code 1-1-1
Every insurance contract procured and delivered as a surplus line coverage pursuant to this article shall be initialed by, or bear the name and license number of, the surplus line broker who procured it and shall have stamped upon it the following:
“This contract is registered and delivered as a surplus line coverage under the Alabama Surplus Line Insurance Law.”