Section 27-27-8 Solicitation permit - Effect of granting permit. - Alabama Statutes

Section 27-27-8

Solicitation permit - Effect of granting permit.

The granting of a solicitation permit is permissive only and shall not constitute an endorsement by the commissioner of any person or thing related to any such insurer, corporation, syndicate, association, partnership, firm, organization, or financing, and the existence of the permit shall not be advertised or used as an inducement in any solicitation. The commissioner shall place the substance of this section in boldface type at the top of each solicitation permit issued by him.

(Acts 1971, No. 407, p. 707, §504.)