Code of Alabama - Title 27: Insurance - Section 27-13-100 - "Advisory organization" defined

Section 27-13-100 - "Advisory organization" defined.

"Advisory organization" means every group, association, or other organization of insurers, whether located within or without this state, which assists insurers which make their own filings or rating organizations in rate-making by collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not make filings under Articles 2 or 3 of this chapter.

(Acts 1965, 2nd Ex. Sess., No. 120, p. 167, §1; Acts 1971, No. 407, p. 707, §308.)

Last modified: May 3, 2021