Alabama · ADM.8
Restricted Use of State Insurance Fund Premiums
Statutory
Required
Active
Premiums paid into Alabama's State Insurance Fund are maintained in a separate trust account and may be used only for claims, administrative expenses, and fund management.
- State
- Alabama
- Applies to
- Applies to premiums deposited into the Alabama State Insurance Fund.
- Trigger
- Receipt and expenditure of State Insurance Fund premiums.
- Conditions
- Premium receipts must remain in the separate trust account and be used for authorized fund purposes.
- Responsible actors
- Alabama Division of Risk Management
Evidence & sources
- NCSI profile
- Alabama State Profile (2025), printed p. 29–30
- Legal sources
- Ala. Code § 41-15-10 — Alabama Code Section 41-15-10 (Statute / Code, primary)
- Verification
- Profile Only
Prototype research tool. Records are normalized from NCSI state profiles and have not been verified against current statutes or regulations. This is not legal advice — consult primary legal sources for current requirements.