Alabama § 27-27-58 Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Defined

Alabama Statutes

§ 27-27-58 — Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Defined

Alabama § 27-27-58

Title 27Insurance

Ch. 27Organization and Corporate Procedures of Stock and Mutual Insurers

This text of Alabama § 27-27-58 (Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Defined) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 27-27-58 (2026).

Text

The term “equity security,” when used in this chapter, means any stock or similar security or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security, or any such warrant or right or any other security which the commissioner shall deem to be of similar nature and consider necessary or appropriate, by such rules and regulations as he may prescribe in the public interest or for the protection of investors, to treat as an equity security.

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The term “equity security,” when used in this chapter, means any stock or similar security or any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security, or any such warrant or right or any other security which the commissioner shall deem to be of similar nature and consider necessary or appropriate, by such rules and regulations as he may prescribe in the public interest or for the protection of investors, to treat as an equity security.