Monthly income statement, 1975-[ongoing].

  1. Resources
  2. View Resource

ArchivalResource

Monthly income statement, 1975-[ongoing].

http://www.worldcat.org/oclc/86116544

The administrator of the State Insurance Fund is required to furnish a monthly report to the Department of Finance which shows income and disbursements for the fiscal year-to-date along with a financial statement showing the assets and liabilities of the fund (Ala. Code, 41-15-2 [1975]). The report lists income for premiums and investments, expenditures of claims paid, and administrative expenses. The balance sheet shows cash and receivables as assets and unearned premiums and losses in process as liabilities with the difference being the reserves.

Alabama Department of Archives and History

Information

SNAC Resource ID: 8339039

Alabama Department of Archives and History

Related Entities

There are 1 Entities related to this resource.

Alabama. State Insurance Fund

http://n2t.net/ark:/99166/w62z619t (corporateBody)

The State Insurance Fund was initially established in 1923 (Ala. Acts, 593, p. 769 [1923] and Ala. Code, 8539-8554 [1923]). Its purpose is to insure all state owned buildings, buildings in which the state has a financial interest, and property or equipment in such buildings. The fund was originally administered by the State Board of Administration as the legal custodian of all physical property belonging to the state. Premiums were paid into the fund by the institutions,...