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- Chapter 31b. Alabama Captive Insurers Act
Ala. Code § 27-31B-24 (1975) Participants In Protected Cell Captive Insurance Companies
| Library | Alabama Statutes |
| Edition | 2023 |
| Currency | Current with legislation from the 2023 Regular and Special Sessions. |
| Year | 2023 |
| Citation | Ala. Code § 27-31B-24 (1975) |
(a) An association, corporation, limited liability company, partnership, trust, or other business entity may be a participant in a protected cell captive insurance company formed or licensed under this chapter.
(b) A sponsor may be a participant in a protected cell captive insurance company.
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