Alabama Statutes
§ 27-3-3 — Certificate of Authority - Exceptions - Investment in Real Estate or Securities Secured Thereby
Alabama § 27-3-3
This text of Alabama § 27-3-3 (Certificate of Authority - Exceptions - Investment in Real Estate or Securities Secured Thereby) 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 § 27-3-3 (2026).
Text
A foreign insurer may transact business in this state without certificate of authority for the purpose, and to the extent only, of investing its funds in real estate located in this state, or in securities secured thereby, by complying with the requirements of Amendment 154 of the Constitution of Alabama. Such an insurer shall not be subject to any other provisions of this title.
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Legislative History
(Acts 1971, No. 407, p. 707, §50.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-3-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-3-3.