Alabama Code (Last Updated: November 28, 2014) |
Title40 REVENUE AND TAXATION. |
Chapter14B. CERTIFIED CAPITAL COMPANY; PREMIUM TAX CREDIT. |
§40-14B-13. Indemnification, etc., of certified investors.
Latest version.
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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.