Alabama § 27-10-25 - Acceptance and Placement of Surplus Line Business from Agents or Brokers; Per Policy Fee.

Full text of Alabama Code of Alabama § 27-10-25 — Acceptance and Placement of Surplus Line Business from Agents or Brokers; Per Policy Fee., with citation guidance and answers to common questions.

§ 27-10-25. Acceptance and Placement of Surplus Line Business from Agents or Brokers; Per Policy Fee.

(a) A licensed surplus line broker may accept and place surplus line business for any insurance producer licensed in this state for the kind and class of insurance involved and may compensate the producer therefor. No producer shall knowingly misrepresent to the broker any material fact involved in any insurance or in the eligibility thereof for placement with an unauthorized insurer.

(b) Notwithstanding Section 27-12-17(b), a reasonable fee for each policy may be charged by the filing surplus lines broker for each policy placed in lawful compliance with Section 27-10-20. This per-policy fee shall be itemized separately to the customer before purchase, enumerated in the policy or a notice delivered with the policy, and is subject to the surplus line broker tax required under Section 27-10-31.

Source: official Alabama text · Last verified 2026-08-27

Frequently Asked Questions About Alabama § 27-10-25

What does Code of Alabama § 27-10-25 cover?

Section 27-10-25 ("Acceptance and Placement of Surplus Line Business from Agents or Brokers; Per Policy Fee.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Alabama § 27-10-25?

A common citation format is "Code of Alabama § 27-10-25" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Alabama law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.

How does Alabama § 27-10-25 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.