Alabama § 27-33-11 Trusteed Assets - Trustee Statements

Alabama Statutes

§ 27-33-11 — Trusteed Assets - Trustee Statements

Alabama § 27-33-11

Title 27Insurance

Ch. 33Trusteed Assets of Alien Insurers

This text of Alabama § 27-33-11 (Trusteed Assets - Trustee Statements) 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 § 27-33-11 (2026).

Text

(a)The trustee of trusteed assets shall from time to time file with the commissioner statements, in such form as he may designate and request in writing, certifying the character of such assets and the amounts thereof.

(b)If the trustee fails to file any such statement after request therefor and expiration of a reasonable time thereafter, the commissioner may suspend or revoke the certificate of authority of the insurer.

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(a) The trustee of trusteed assets shall from time to time file with the commissioner statements, in such form as he may designate and request in writing, certifying the character of such assets and the amounts thereof.
(b) If the trustee fails to file any such statement after request therefor and expiration of a reasonable time thereafter, the commissioner may suspend or revoke the certificate of authority of the insurer.