Alabama Statutes

§ 27-32-38 — Priority of Claims of Policyholders and Beneficiaries - Payment of Claims

Alabama § 27-32-38
JurisdictionAlabama
Title 27Insurance
Ch. 32Rehabilitation, Reorganization, Conservation, and Liquidation of Insurers

This text of Alabama § 27-32-38 (Priority of Claims of Policyholders and Beneficiaries - Payment of Claims) 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 § 27-32-38 (2026).

Text

Upon proper filing of claims pursuant to this title and upon order of the appropriate circuit court having jurisdiction of such cause after hearing, the duly appointed receiver shall make payment of claims upon liquidation of the insurer giving preference to policyholder claims as set out in Section 27-32-37 in strict conformity to said court order.

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Legislative History

(Acts 1975, No. 1040, p. 2085, §2.)

Nearby Sections

15
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Bluebook (online)
Alabama § 27-32-38, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-32-38.