Section 27-40-16 Payment of Rebates or Inducements Prohibited; Purchase of Premium Finance Agreement.
Premium finance companies and their employees must not give rebates, inducements, or other valuable consideration tied to financing insurance contracts, but a premium finance company may buy or acquire a premium finance agreement from another premium finance company if the agreement complies with the chapter.
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- United States — Alabama
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- en
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Section 27-40-16 Payment of Rebates or Inducements Prohibited; Purchase of Premium Finance Agreement.
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