Alabama Statutes
§ 27-10-23 — Validity and Enforceability of Surplus Line Contracts
Alabama·Title 27 Insurance·Ch. 10 Unauthorized Insurers and Surplus Lines·Art. 2 Surplus Line Insurance
Insurance contracts procured as surplus line coverages from unauthorized insurers in accordance with this article shall be valid and enforceable as to all parties and shall be recognized in all matters to the same effect and extent as like contracts issued by authorized insurers.
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Alabama § 27-10-23 (Validity and Enforceability of Surplus Line Contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Acts 1963, No. 521, p. 1112, §10; Acts 1971, No. 407, p. 707, §198; Act 2024-71, §2.)