Indemnification, etc., of Certified Investors.

  1. Law
  2. Code of Alabama
  3. Revenue and Taxation.
  4. Certified Capital Company; Premium Tax Credit.
  5. Indemnification, etc., of Certified Investors.

Checkout our iOS App for a better way to browser and research.

Section 40-14B-13

Indemnification, etc., of certified investors.

The certified capital company may agree to indemnify, or purchase a guaranty, indemnity, bond, insurance policy, or other payment undertaking for the benefit of a certified investor for losses resulting from the recapture or forfeiture of premium tax credits under Section 40-14B-12.

(Act 2002-429, p. 1108, §13.)


Download our app to see the most-to-date content.