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- Chapter 41. Investments of Life, Disability and Burial Insurance Companies
Ala. Code § 27-41-41 (1975) Only Eligible Investments to Be Counted As Admitted Assets; Treatment of Investments Partially Qualifying As Eligible Investments
Library | Alabama Statutes |
Edition | 2023 |
Currency | Current with legislation from the 2023 Regular and Special Sessions. |
Year | 2023 |
Citation | Ala. 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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