Alabama Code 27-5A-6. Duties of insurers utilizing the services of a reinsurance intermediary-broker
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Terms Used In Alabama Code 27-5A-6
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: includes a corporation as well as a natural person. See Alabama Code 1-1-1