§ 27-31A-1 Short title and purpose
§ 27-31A-2 Definitions
§ 27-31A-3 Risk retention groups chartered in this state
§ 27-31A-3.1 Risk retention groups to comply with governance standards
§ 27-31A-4 Risk retention groups not chartered in this state
§ 27-31A-5 Compulsory associations
§ 27-31A-6 Countersignatures not required
§ 27-31A-7 Purchasing groups – Exemption from certain laws
§ 27-31A-8 Notice and registration requirements of purchasing groups
§ 27-31A-9 Restrictions on insurance purchased by purchasing groups
§ 27-31A-10 Purchasing group taxation
§ 27-31A-11 Administrative and procedural authority regarding risk retention groups and purchasing groups
§ 27-31A-12 Duty of producers to obtain license
§ 27-31A-13 Binding effect of orders issued in U.S. district court
§ 27-31A-14 County self-insurance funds
§ 27-31A-15 Rules and regulations

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Alabama Code > Title 27 > Chapter 31A - Risk Retention Act

  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Executor: A male person named in a will to carry out the decedent
  • Interrogatories: Written questions asked by one party of an opposing party, who must answer them in writing under oath; a discovery device in a lawsuit.
  • Juror: A person who is on the jury.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Sequester: To separate. Sometimes juries are sequestered from outside influences during their deliberations.