Section 27-41-31 Particular Investments - Data Processing and Accounting Systems.
An insurer may invest in electronic and mechanical machines for a data processing and accounting system if the system costs at least $10,000 and the cost is fully amortized within 10 calendar years.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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accounting systems capital expenditure data processing systems
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Section 27-41-31 Particular Investments - Data Processing and Accounting Systems.
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