reglab/housing_qa huggingface dataset:
AL Code § 27-22A-1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22A - Portable Electronics Insurance.|Section 27-22A-1 - Definitions.

Section 27-22A-1Definitions.  For purposes of this chapter, the following terms have the following meanings: (1) COMMISSIONER. The Alabama Commissioner of Insurance. (2) CUSTOMER. A person who purchases portable electronics or services. (3) DEPARTMENT. The Alabama Department of Insurance. (4) ENROLLED CUSTOMER. A customer who elects coverage under a portable electronics insurance policy issued to a vendor of portable electronics. (5) LOCATION. Any physical location in the State of Alabama or any website, call center site, or similar location directed to residents of the State of Alabama. (6) PORTABLE ELECTRONICS. Electronic devices that are portable in nature, their accessories and services related to the use of the device. (7) PORTABLE ELECTRONICS INSURANCE. a. Insurance providing coverage for the repair or replacement of portable electronics which may provide coverage for portable electronics against any one or more of the following causes of loss: Loss, theft, inoperability due to mechanical failure, malfunction, damage, or other similar cause of loss. b. Portable electronics insurance does not include: 1. A service contract governed by Chapter 32 of Title 8. 2. A policy of insurance covering a seller's or a manufacturer's obligations under a warranty. 3. A homeowner's, renters, private passenger automobile, commercial multi-peril, or similar policy. (8) PORTABLE ELECTRONICS TRANSACTION. Either of the following: a. The sale or lease of portable electronics by a vendor to a customer. b. The sale of a service related to the use of portable electronics by a vendor to a customer. (9) SUPERVISING ENTITY. A business entity that is a licensed insurer or insurance producer that is appointed by an insurer to supervise the administration of a portable electronics insurance program. (10) VENDOR. A person in the business of engaging in portable electronics transactions directly or indirectly. (Act 2012-312, p. 685, §3.)
AL Code § 27-22A-2 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22A - Portable Electronics Insurance.|Section 27-22A-2 - Licensure of Vendors.

Section 27-22A-2Licensure of vendors.  (a) A vendor is required to hold a limited lines insurance producer license to sell or offer coverage under a policy of portable electronics insurance. (b) A limited lines insurance producer license issued in accordance with this chapter shall authorize any employee or authorized representative of the vendor to sell or offer coverage under a policy of portable electronics insurance to a customer at each location at which the vendor engages in portable electronics transactions. (c) The supervising entity shall maintain a registry of vendor locations which are authorized to sell or solicit portable electronics insurance coverage in this state. Upon request by the commissioner and with 10 days' notice to the supervising entity, the registry shall be open to inspection and examination by the commissioner during regular business hours of the supervising entity. (d) Notwithstanding any other provision of law, a license issued in accordance with this section shall authorize the licensee and its employees or authorized representatives to engage in those activities that are permitted in this section. (Act 2012-312, §3.)
AL Code § 27-22A-3 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22A - Portable Electronics Insurance.|Section 27-22A-3 - Requirements for Sale of Portable Electronics Insurance.

Section 27-22A-3Requirements for sale of portable electronics insurance. (a) At every location where portable electronics insurance is offered to customers, brochures or other written materials must be made available to a prospective customer which: (1) Disclose that portable electronics insurance may provide a duplication of coverage already provided by a customer's homeowner's insurance policy, renter's insurance policy, or other source of coverage. (2) State that the enrollment by the customer in a portable electronics insurance program is not required in order to purchase or lease portable electronics or services. (3) Summarize the material terms of the insurance coverage, including all of the following: a. The identity of the insurer. b. The identity of the supervising entity. c. The amount of any applicable deductible and how it is to be paid. d. Benefits of the coverage. e. Key terms and conditions of coverage such as whether portable electronics may be repaired or replaced with similar make and model reconditioned or non-original manufacturer parts or equipment. (4) Summarize the process for filing a claim, including a description of how to return portable electronics and the maximum fee applicable in the event the customer fails to comply with any equipment return requirements. (5) State that an enrolled customer may cancel enrollment for coverage under a portable electronics insurance policy at any time and the person paying the premium shall receive a refund or credit of any applicable unearned premium. (b) Portable electronics insurance may be offered on a month to month or other periodic basis as a group or master commercial inland marine policy issued to a vendor of portable electronics for its enrolled customers. (c) Eligibility and underwriting standards for customers electing to enroll in coverage shall be established for each portable electronics insurance program. (Act 2012-312, p. 685, §3.)
AL Code § 27-22A-5 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22A - Portable Electronics Insurance.|Section 27-22A-5 - Suspension or Revocation of License.

Section 27-22A-5Suspension or revocation of license.  If a vendor of portable electronics or its employees or authorized representative violates any provision of this section, the commissioner, after opportunity for hearing, which hearing may be waived, may do any of the following: (1) Impose fines not to exceed five hundred dollars ($500) per violation or five thousand dollars ($5,000) in the aggregate for such conduct. (2) Impose other penalties that the commissioner deems necessary and reasonable to carry out the purposes of this chapter, including: a. Suspending the privilege of transacting portable electronics insurance pursuant to this section at specific business locations where violations have occurred. b. Suspending or revoking the ability of individual employees or authorized representatives to act under the license. c. Suspending or revoking the vendor's limited lines insurance producer license. (Act 2012-312, p. 685, §3.)
AL Code § 27-22A-7 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22A - Portable Electronics Insurance.|Section 27-22A-7 - Application for License and Fees.

Section 27-22A-7Application for license and fees.  (a) A sworn application for a license under this chapter shall be made to and filed with the department on forms prescribed and furnished by the commissioner. (b) The application shall provide all of the following: (1) The name, residence address, and other information required by the commissioner for an employee or officer of the vendor that is designated by the applicant as the person responsible for the vendor's compliance with the requirements of this chapter. However, if the vendor derives more than 50 percent of its revenue from the sale of portable electronics insurance the information noted above shall be provided for all officers, directors, and shareholders of record having beneficial ownership of 10 percent or more of any class of securities registered under the federal securities law. (2) The location of the applicant's home office. (c) Any vendor engaging in portable electronics insurance transactions on or before January 1, 2013, must apply for licensure within 90 days of the application being made available by the department. Any applicant commencing operations after January 1, 2013, must obtain a license prior to offering portable electronics insurance. (d) The commissioner shall by regulation provide for the expiration date of licenses and for the biennial renewal of licenses issued pursuant to this chapter. (e) Each vendor of portable electronics licensed under this chapter shall pay to the commissioner a fee as prescribed by the commissioner but in no event shall the fee exceed one thousand dollars ($1,000) for an initial portable electronics limited lines license and five hundred dollars ($500) for each renewal thereof. However, for a vendor that is engaged in portable electronics transactions at 10 or fewer locations in the state the fee shall not exceed one hundred dollars ($100) for an initial license and for each renewal thereof. (f) Each vendor licensed in accordance with this chapter shall be considered to have performed acts equivalent to and constituting an appointment of the commissioner as the vendor's attorney to receive service of legal process issued against the vendor in this state upon causes of action arising within this state out of transactions under the license. The provisions of Section 27-7-29 applicable to nonresident insurance producers shall be applicable to vendors licensed in accordance with this chapter. (Act 2012-312, p. 685, §3.)
AL Code § 27-24-1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-1 - Applicability of Chapter.

Section 27-24-1Applicability of chapter. This chapter shall not apply to any bond or undertaking which is not by law required to be approved by any state, county, municipal, precinct, township, district, or other like office, officers, commissions, boards, and similar governing bodies, or by any judge, clerk, or register of any court of this state or to insurers engaged only in the business of becoming sureties on any such bond or undertaking. (Acts 1909, No. 147, p. 329; Acts 1971, No. 407, p. 707, §486.)
AL Code § 27-24-2 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-2 - Sole Surety - Corporations.

Section 27-24-2Sole surety - Corporations. Except as provided in Section 27-24-4, whenever any person or corporation is, or may be, required or permitted to execute bond or other undertaking, of whatsoever nature, with surety, or sureties, for the faithful discharge or performance of the duties of any state, county, municipal, precinct, township, district, or corporate office or position or of any position of public or private trust or employment for the faithful discharge or performance of any duty or for the doing or not doing of anything in such bond or undertaking specified or when any person or corporation is required or permitted to execute any bond or other undertaking, of whatsoever nature, with surety or sureties, in any judicial proceeding or as guardian, executor, administrator, receiver, assignee, or trustee, the court, officer, or person having authority or charged with the duty of approving such bond or undertaking may, if such bond or undertaking is otherwise sufficient, approve the same when executed by a corporation having the power or authority under its charter to become surety on such bond or undertaking as surety and having complied with the provisions of this title. The execution by any such corporation as surety of any such bond or undertaking shall be, in all respects, upon the approval and acceptance of such bond, a full and complete compliance with the requirements of any law, ordinance, rule, or regulation requiring that such bond or undertaking shall be executed by one surety, or by one or more sureties, or that such surety, or sureties, shall be residents of the state, or any county therein, or shall be householders or freeholders, or either or both, or shall possess any other qualification. (Code 1940, T. 41, §98; Acts 1971, No. 407, p. 707, §487.)
AL Code § 27-24-3 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-3 - Sole Surety - Mutual or Reciprocal Surety Insurers.

Section 27-24-3Sole surety - Mutual or reciprocal surety insurers. An authorized mutual or reciprocal surety insurer which has and maintains a surplus over and above all of its liabilities of $500,000.00, upon meeting all of the requirements of this title, except as to capital stock, may become and be accepted as sole surety on bonds or undertakings required or permitted by the laws of this state or by the charters, ordinances, rules, and regulations of any county, municipal corporation, board, body, organization, or public officer; provided, however, that any such bond or undertaking executed by such insurer shall be nonassessable and shall not provide for any contingent liability. (Acts 1947, No. 533, p. 388; Acts 1971, No. 407, p. 707, §488.)
AL Code § 27-24-4 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-4 - Sole Surety - Cosureties on Bond of State Treasurer.

Section 27-24-4Sole surety - Cosureties on bond of State Treasurer. No such corporation or insurer shall, however, be accepted as sole surety on the bond of the State Treasurer but may become and be accepted as a cosurety with other persons or with other authorized surety insurers upon such bond, and in such event, its property or credit shall not be estimated to exceed $100,000.00. (Code 1940, T. 41, §102; Acts 1971, No. 407, p. 707, §489.)
AL Code § 27-24-5 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-5 - Additional Bond Upon Insolvency, etc., of Surety.

Section 27-24-5Additional bond upon insolvency, etc., of surety. If the authority of a surety insurer to transact business in this state is revoked or otherwise terminated upon the ground that the insurer is insolvent or cannot be safely accepted as surety upon bonds and undertakings mentioned in Section 27-24-2, it shall be the duty of any officer in this state authorized to approve official bonds, upon receiving the circular letter from the commissioner as provided for in subsection (c) of Section 27-3-22 or upon otherwise being informed of such revocation or termination, to require the principal in any such bond upon which such insurer has become surety to give an additional bond as provided by law. (Acts 1909, No. 147, p. 329; Acts 1971, No. 407, p. 707, §490.)
AL Code § 27-24-6 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-6 - Venue of Actions on Bonds or Undertakings.

Section 27-24-6Venue of actions on bonds or undertakings. Any official bond or undertaking executed by a surety insurer may have an action maintained on it in the county of the residence of the principal or in which he resided at the time of the execution of the bond or undertaking, but actions by the state shall be brought in Montgomery County. (Code 1940, T. 41, §104; Acts 1971, No. 407, p. 707, §491.)
AL Code § 27-24-7 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-7 - Estoppel of Insurer to Deny Its Power, Etc.

Section 27-24-7Estoppel of insurer to deny its power, etc. No corporation or insurer having signed any such official bond or undertaking shall be permitted to deny its corporate or other power to execute such instrument or incur such liability in any proceedings to enforce liability against the insurer thereunder. (Code 1940, T. 41, §105; Acts 1971, No. 407, p. 707, §492.)
AL Code § 27-24-8 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 24 - Surety Insurance Contracts.|Section 27-24-8 - Rights and Remedies of Insurers.

Section 27-24-8Rights and remedies of insurers. Such an insurer as surety on any official bond, undertaking, or obligation is entitled to all the rights and remedies of other sureties on such instruments; and any insurer becoming surety on any bond or undertaking, as authorized by this chapter, shall have the same right to be relieved from further liability thereon or to require the principal to give new or additional bonds or undertakings as is conferred by law upon the other sureties on like bonds or undertakings. (Code 1940, T. 41, §107; Acts 1971, No. 407, p. 707, §493.)
AL Code § 27-25-1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 25 - Title Insurance.|Section 27-25-1 - Enjoining of Certain Acts; Revocation of Charter for Violating Same.

Section 27-25-1Enjoining of certain acts; revocation of charter for violating same. Repealed by Act 2001-496, §12, effective October 1, 2001. (Acts 1923, No. 485, p. 635; Acts 1949, No. 168, p. 195; Acts 1971, No. 407, p. 707, §494; Act 2001-496, §1.)
AL Code § 27-25-1.1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 25 - Title Insurance.|Section 27-25-1.1 - Short Title.

Section 27-25-1.1Short title. (a) This chapter shall be known and cited as the Alabama Title Insurance Act. (b) The purpose of this chapter is to set forth certain definitions applicable to title insurance in this state and to provide further for the supervision of the business of title insurance transacted in this state. (Act 2001-496, p. 866, §1.)
AL Code § 27-25-2 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 25 - Title Insurance.|Section 27-25-2 - Applicability of Chapter.

Section 27-25-2Applicability of chapter.  (a) This chapter shall apply to all title insurers and title agents engaged in the business of title insurance in this state. (b) Except as otherwise expressly provided in this chapter, except where the context otherwise requires, and except those provisions which are inconsistent with this chapter, the provisions of this title, the Alabama Insurance Code, which apply to title insurance and title insurance companies, shall continue to be applicable to the business of title insurance and title insurance companies. No amendment to this title that is enacted after October 1, 2001, that is inconsistent with the provisions of this chapter shall be applicable to the business of title insurance unless the amendment specifically states that it is to be applicable to the business of title insurance. (Act 2001-496, p. 866, §2.)
AL Code § 27-25-4 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 25 - Title Insurance.|Section 27-25-4 - Title Insurance Agent; Appointment; Issuance of Policies.

Section 27-25-4Title insurance agent; appointment; issuance of policies. (a) No person shall act as a title insurance agent in this state unless licensed pursuant to this chapter. Nothing herein contained shall be construed to prevent a title insurer licensed to do business in this state, nor an employee thereof, from issuing a policy of title insurance in this state. (b) Each title insurance agent acting on behalf of a title insurance company shall be appointed by the title insurance company in accordance with this chapter. The commissioner shall collect from the title insurer the fees set forth in Section 27-25-4.7 for each appointment. Nothing herein contained shall be construed to require the issuance of an appointment as described in this subsection to a title insurer licensed to do business in this state, nor an employee thereof, for the purpose of issuing a policy of title insurance in this state. (c) Unless a later date is specifically authorized by the title insurer for a particular transaction or unless the title insurance commitment specifies a time for which it is effective or such commitment is renewed or extended by the title insurer, the title agent shall issue to the insured the policy or policies of title insurance for which a premium has been collected within 60 days from the effective date of the policy or in the case of a title insurance commitment having been issued, within 60 days after the satisfaction of all requirements and conditions set out in the commitment in accordance with the title insurer's underwriting guidelines. For the purpose of this subsection, the effective date of the policy is defined as the date and time the instrument conveying the interest to be insured is recorded unless the policy to be issued is insuring the interest of the proposed insured by virtue of an instrument recorded in the real property records prior to the time the request or order for title insurance is placed. (d) The name and license number of the title insurance agent shall be printed or legibly written by hand underneath his or her signature on each commitment, title insurance policy, and endorsement to a title insurance policy. (Act 2001-496, p. 866, §4; Act 2012-397, p. 1078, §1.)
AL Code § 27-25-4.1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 25 - Title Insurance.|Section 27-25-4.1 - Title Agent Qualifications.

Section 27-25-4.1Title agent qualifications. (a) The commissioner may contract with non-governmental entities, including NAIC, to perform any ministerial functions, including the collection of fees and data, related to licensing that the commissioner may deem appropriate. The commissioner may require that license applications, license renewal applications, notices of appointments and appointment terminations, and supporting documentation be filed and all required fees and charges be paid electronically through systems operated or maintained by the non-governmental entities. (b) An individual applying for a title insurance agent license shall apply to the commissioner on the appropriate NAIC Uniform Individual Application and declare under penalty of suspension, revocation, or refusal of the license that the statements made in the application are true, correct, and complete to the best of the individual's knowledge and belief. Before approving the application, the commissioner shall find that the individual: (1) Is at least 19 years of age.  (2) Is a bona fide resident and citizen of this state or is a full-time employee of a duly licensed title insurance agent whose principal place of business is physically located in this state. (3) Has not committed any act that is a ground for probation, suspension, revocation, or refusal of license as set forth in Section 27-25-4.5.  (4) Has completed the prelicensing course of study for title insurance as required in Section 27-25-4.3. (5) Has successfully passed the examination for title insurance as required in Section 27-25-4.3.  (6) Has paid the fees set forth in Section 27-25-4.7. (c) A business entity applying for a title insurance agent license shall apply to the commissioner on the appropriate NAIC Uniform Business Entity Application and declare under penalty of suspension, revocation, or refusal of the license that the statements made in the application are true, correct, and complete to the best of the business entity's knowledge and belief. Before approving the application, the commissioner shall find that the business entity:  (1) Is a domestic entity properly formed and existing under Title 10A and whose principal place of business is physically located in this state.  (2) Has designated an individual title insurance agent licensed in this state as responsible for the business entity's compliance with this chapter and with the insurance laws, rules, and regulations of this state.  (3) Has not committed an act that is a ground for probation, suspension, revocation, or refusal of license as set forth in Section 27-25-4.5. (4) Has paid the fees set forth in Section 27-25-4.7. (d) The commissioner may require any documents reasonably necessary to verify the information contained in the application. (Act 2012-397, p. 1078, §2.)