Alabama Code (Last Updated: November 28, 2014) |
Title40 REVENUE AND TAXATION. |
Chapter14B. CERTIFIED CAPITAL COMPANY; PREMIUM TAX CREDIT. |
§40-14B-18. Certified capital as admitted asset.
Latest version.
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In any case under this chapter or another law of this state in which the assets of a certified investor are examined or considered, the certified capital may be treated as an admitted asset, subject to the applicable statutory valuation procedures.