Alabama Statutes
§ 27-33-4 — Purpose and Duration of Trust
Alabama § 27-33-4
This text of Alabama § 27-33-4 (Purpose and Duration of Trust) 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 § 27-33-4 (2026).
Text
The deposit required by Section 27-33-2 shall be for the benefit, security, and protection of the policyholders or policyholders and creditors of the insurer in the United States. It shall be maintained as long as there is outstanding any liability of the insurer arising out of its insurance transactions in the United States.
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Legislative History
(Acts 1971, No. 407, p. 707, §659.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-33-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-33-4.