Alabama § 27-35-4 Conversion into Stock or Mutual Life Insurance Company - Ratification or Amendment of Articles of Incorporation - Generally

Alabama Statutes

§ 27-35-4 — Conversion into Stock or Mutual Life Insurance Company - Ratification or Amendment of Articles of Incorporation - Generally

Alabama § 27-35-4

Title 27Insurance

Ch. 35Conversion of Fraternal Benefit Societies

This text of Alabama § 27-35-4 (Conversion into Stock or Mutual Life Insurance Company - Ratification or Amendment of Articles of Incorporation - Generally) 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 § 27-35-4 (2026).

Text

Pursuant to the notice provided for in Section 27-35-3, the supreme governing or legislative body shall adopt a resolution authorizing the conversion of the society into a stock or mutual insurer, as the case may be, and shall ratify articles of incorporation, if the society is then unincorporated, or amend the society’s articles of incorporation if it is then incorporated, to comply with the requirements of this title.

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Pursuant to the notice provided for in Section 27-35-3, the supreme governing or legislative body shall adopt a resolution authorizing the conversion of the society into a stock or mutual insurer, as the case may be, and shall ratify articles of incorporation, if the society is then unincorporated, or amend the society’s articles of incorporation if it is then incorporated, to comply with the requirements of this title.