Certified Capital as Admitted Asset

Official textalison.legislature.state.al.us

In any case under this chapter or another law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.

Last amended: Act 2002-429, p. 1108, §18.

Source: view the official text

In this chapter (22 sections)

40-14B-1 · Definitions
40-14B-2 · Administration of Chapter
40-14B-3 · Application for Certification
40-14B-4 · Prohibited Activities
40-14B-5 · Statement Included with Offering
40-14B-6 · Qualified Investments
40-14B-7 · Development Office Opinion as to Proposed Investments
40-14B-8 · Report Upon Receipt of Certified Capital; Annual Report;…
40-14B-9 · Renewal Fee
40-14B-10 · Qualified Distributions
40-14B-11 · Annual Review; Decertification
40-14B-12 · Recapture of Forfeiture of Premium Tax Credits
40-14B-13 · Indemnification, Etc., of Certified Investors
40-14B-14 · Vested Premium Tax Credit - Generally
40-14B-15 · Vested Premium Tax Credit - Claim
40-14B-16 · Vested Premium Tax Credit - Amounts Allowed
40-14B-17 · Vested Premium Tax Credit - Pro Rata Allocation
40-14B-18 · Certified Capital as Admitted Asset
40-14B-19 · Rate Making for Insurance Contract
40-14B-20 · Transfer or Assignment of Premium Tax Credits
40-14B-21 · Biennial Report
40-14B-22 · Allocation of Additional Tax Credits

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