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Ala. Code § 27-27-34 (1975) Nonassessable Policies In Mutual Insurers - Generally
| Library | Alabama Statutes |
| Edition | 2023 |
| Currency | Current with legislation from the 2023 Regular and Special Sessions. |
| Year | 2023 |
| Citation | Ala. Code § 27-27-34 (1975) |
(a) While possessing surplus funds in amo...
(b) A foreign or alien mutual insurer may issue nonassessable policies to its members in this state pursuant to its articles of incorporation and the laws of its domicile.
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