Home/Alabama/Statutes/Title 27: Insurance/Ch. 38: Separate Accounts and Variable Annuities/§ 27-38-5
Alabama Statutes

§ 27-38-5 — Reserve Liability for Variable Contracts

Alabama § 27-38-5
JurisdictionAlabama
Title 27Insurance
Ch. 38Separate Accounts and Variable Annuities

This text of Alabama § 27-38-5 (Reserve Liability for Variable Contracts) 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 § 27-38-5 (2026).

Text

The reserve liability for variable contracts shall be established in accordance with actuarial procedures that recognize the variable nature of the benefits provided and any mortality guarantees.

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Legislative History

(Acts 1971, No. 407, p. 707, §758; Acts 1985, 2nd Ex. Sess., No. 85-993, p. 357, §2.)

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Bluebook (online)
Alabama § 27-38-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-38-5.