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- Title 27. Insurance
- Chapter 41. Investments of Life, Disability and Burial Insurance Companies
Ala. Code § 27-41-20 (1975) Particular Investments - Leased Line Obligations of Railroads; Terminal Obligations of Railroads and Other Common Carriers
| Library | Alabama Statutes |
| Edition | 2023 |
| Currency | Current with legislation from the 2023 Regular and Special Sessions. |
| Year | 2023 |
| Citation | Ala. Code § 27-41-20 (1975) |
An insurer may invest in:
(1) Leased line obligations of railroads where all of the fixed interest-bearing obligations of the lessee meet the standards prescribed in Section 27-41-15.
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