Alabama Statutes

§ 27-2-36 — Order of Supervision - Effect on Rehabilitation, Liquidation, and Delinquency Proceedings

Alabama·Title 27 Insurance·Ch. 2 Department and Commissioner of Insurance·Art. 1 General Provisions
The provisions of Chapter 32 of this title concerning rehabilitation and liquidation shall not be stayed during the period of supervision and the commencement of delinquency proceedings under Section 27-32-4, may commence either before, during or after a supervision order or period of supervision.

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Legislative History

(Acts 1975, No. 217, p. 742, §4; Acts 1977, No. 409, p. 547, §5.)

Nearby Sections

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