Alabama Code 27-5B-4. Licensed reinsurer
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Terms Used In Alabama Code 27-5B-4
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
Credit shall be allowed when the reinsurance is ceded to an assuming insurer that is licensed to transact insurance or reinsurance in this state.