0 chapters · 1,049 sections in this title.
Ala. Code § 8-32-1 Purpose. (Amended by Act 2026-395) [Effective until October 1, 2026.]
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AMENDED BY ACT 2026-395, EFFECTIVE OCTOBER 1, 2026. SEE ACT FOR REVISED LANGUAGE. (a) The purpose of this chapter is to create a framework to regulate service contracts sold to consumers in this state. (b) The following are exempt from Sections 8-32-2 to 8-32-12, inclusive, of th…
Ala. Code § 8-32-10 Enforcement Provisions
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(a) The commissioner may conduct investigations or examinations of providers, administrators, insurers, or other persons to enforce this chapter and protect service contract holders in this state. Upon request of the commissioner, the provider shall make all accounts, books, and …
Ala. Code § 8-32-11 Rules and Regulations
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The commissioner may promulgate reasonable rules and regulations necessary to implement this chapter. History: (Acts 1997, No. 97-445, p. 753, §11.)
Ala. Code § 8-32-12 Service Contracts Prior to January 1, 1998
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Service contracts entered into prior to January 1, 1998, and renewals thereof, may but are not required to comply with this chapter. Providers and other persons are not required to comply with this chapter until January 1, 1998. A provider or other person may, but is not required…
Ala. Code § 8-32-13 Transfer of Unexpired Manufacturer’s Warranties on Heating,
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Ventilation, and Air-Conditioning Systems with the Associated Real Property. (a) As used in this section, the following terms have the following meanings: (1) HVAC SYSTEM. A heating, ventilation, and air conditioning system. (2) MANUFACTURER’S WARRANTY. The original equipment man…
Ala. Code § 8-32-2 Definitions
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As used in this chapter, the following terms shall have the following meanings: (1) ADMINISTRATOR. The person designated by a provider to be responsible for the administration of service contracts or the service contracts plan or to make the filings required by this chapter. (2) …
Ala. Code § 8-32-3 Requirements for Selling or Offering to Sell Service Contracts
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(Amended by Act 2026-395) [Effective until October 1, 2026.] AMENDED BY ACT 2026-395, EFFECTIVE OCTOBER 1, 2026. SEE ACT FOR REVISED LANGUAGE. (a) Either the provider or its designee shall: (1) Provide a receipt for, or other written evidence of, the purchase of the service contr…
Ala. Code § 8-32-4 Required Provisions, Reimbursement Insurance Policy
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Reimbursement insurance policies insuring service contracts sold in this state shall provide that, upon failure of the provider to perform under the service contract, including, without limitation, failure to refund or credit the unearned portion of the purchase price of the serv…
Ala. Code § 8-32-5 Required Provisions, Service Contracts. [Effective until October 1,
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2026.] (a) Service contracts sold or offered for sale in this state, in their entirety, shall be written, printed, or typed in eight point type size, or larger, and shall comply with the requirements set forth in this section, as applicable. (b) Service contracts insured under a …
Ala. Code § 8-32-6 Prohibited Acts
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(a) A provider shall not use in its name the words insurance, casualty, surety, mutual, or any other words descriptive of the insurance, casualty, or surety business; or a name deceptively similar to the name or description of any insurance or surety corporation, or to the name o…
Ala. Code § 8-32-7 Record Keeping Requirements
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(a)(1) The provider shall keep accurate accounts, books, and records concerning transactions regulated under this chapter. (2) The provider’s accounts, books, and records shall include the following: a. Copies of each type of service contract sold. b. The name and address of each…
Ala. Code § 8-32-8 Cancellation of Reimbursement Insurance Policy
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To the extent applicable, an insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered to the commissioner. The termination of a reimbursement insurance …
Ala. Code § 8-32-9 Obligation of Reimbursement Insurance Policy Insurers
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(a) Where reimbursement insurance is applicable, providers are considered to be the agent of the insurer which issued the reimbursement insurance policy solely for purposes of obligating the insurers to service contract holders in accordance with the service contract and this cha…