Code of Alabama - Title 40: Revenue and Taxation - Section 40-14B-18 - Certified capital as admitted asset

Section 40-14B-18 - Certified capital as admitted asset.

In any case under this chapter or another law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.

(Act 2002-429, p. 1108, §18.)

Last modified: May 3, 2021