Section 40-18-197 Department to adopt regulations and to audit companies. - Alabama Statutes

Section 40-18-197

Department to adopt regulations and to audit companies.

The department shall adopt regulations to carry out the provisions of this article. The department shall audit each investing company periodically to monitor compliance by the investing company with the provisions hereof which are conditions to the availability of capital credits for each year.

(Acts 1995, No. 95-187, p. 250, §8; Acts 1997, No. 97-446, p. 765, §1.)