Code of Alabama - Title 27: Insurance - Section 27-11-7 - Penalty for violation of chapter

Section 27-11-7 - Penalty for violation of chapter.

Any insurer which willfully violates the provisions of the unauthorized insurers law shall, upon proof thereof, forfeit and pay to the State of Alabama a sum of not less than $50.00 and not more than $500.00 for each offense, which may be recovered in a civil action brought by the commissioner under the provision of this unauthorized insurers law.

(Acts 1971, No. 407, p. 707, §226.)

Last modified: May 3, 2021