Ala. Code § 27-41-41 (1975) Only Eligible Investments to Be Counted As Admitted Assets; Treatment of Investments Partially Qualifying As Eligible Investments

LibraryAlabama Statutes
Edition2023
CurrencyCurrent with legislation from the 2023 Regular and Special Sessions.
Year2023
CitationAla. Code § 27-41-41 (1975)

Except as expressly prohibited in Section 27-41-36, an insurer may make any investment without limit as to kind, time, or amount, ...

If part of an investment qualifies as an eligible investment under any provision of this act and part does not, then only the part of the investment so qualifying shall be counted as an admitted asset.

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