Transfer or Assignment of Premium Tax Credits

Ala. Code § 40-14B-20 — under Title 40.

Ala. Code § 40-14B-20

(a) The Alabama Development Office shall adopt rules to facilitate the transfer or assignment of premium tax credits by certified investors. A certified investor may transfer or assign premium tax credits only in compliance with the rules adopted under this subsection.

(b) The transfer or assignment of a premium tax credit does not affect the schedule for taking the premium tax credit under this chapter.

History: (Act 2002-429, p. 1108, §20.)