Section 27-41-31 - Particular investments - Data processing and accounting systems.

AL Code § 27-41-31 (2019) (N/A)
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An insurer may invest in electronic and mechanical machines constituting a data processing and accounting system if the cost of such system is not less than $10,000.00 and cost for such machines is amortized in full over a period not to exceed 10 calendar years.