Alabama § 41-15-12 - Appropriation for Payment of Excess Fire or Tornado Losses; Reimbursement.
Full text of Alabama Code of Alabama § 41-15-12 — Appropriation for Payment of Excess Fire or Tornado Losses; Reimbursement., with citation guidance and answers to common questions.
§ 41-15-12. Appropriation for Payment of Excess Fire or Tornado Losses; Reimbursement.
There is hereby appropriated from the Treasury the sum of $100,000.00 to be available only in case the loss by fire or tornado in any year shall exceed the premiums collected under the provisions of this chapter, and then only in such amount as may be required in addition to the amount of funds on deposit in the State Insurance Fund at the time of said loss for the payment thereof, less the amounts set aside in this chapter for the purpose of administration of the provisions of this chapter.
The first surplus next thereafter accruing to such fund shall be used to reimburse the Treasury for any amount which may have been drawn therefrom under this appropriation.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 41-15-12
What does Code of Alabama § 41-15-12 cover?
Section 41-15-12 ("Appropriation for Payment of Excess Fire or Tornado Losses; Reimbursement.") 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 § 41-15-12?
A common citation format is "Code of Alabama § 41-15-12" (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 § 41-15-12 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.