Alabama § 27-41-12 Particular Investments - Obligations Issued or Guaranteed by Certain Federal Agencies

Alabama Statutes

§ 27-41-12 — Particular Investments - Obligations Issued or Guaranteed by Certain Federal Agencies

Alabama § 27-41-12

Title 27Insurance

Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations

This text of Alabama § 27-41-12 (Particular Investments - Obligations Issued or Guaranteed by Certain Federal Agencies) 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 § 27-41-12 (2026).

Text

An insurer may invest in obligations issued or guaranteed by the following agencies of the United States of America:

(1)Commodity Credit Corporation;

(2)Federal intermediate credit banks;

(3)Federal land banks;

(4)Central bank for cooperatives;

(5)Federal home loan banks;

(6)Federal National Mortgage Association;

(7)Federal Home Loan Mortgage Corporation;

(8)Tennessee Valley Authority; and

(9)Any other similar agency of the government of the United States of America having similar financial quality.

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An insurer may invest in obligations issued or guaranteed by the following agencies of the United States of America:
(1) Commodity Credit Corporation;
(2) Federal intermediate credit banks;
(3) Federal land banks;
(4) Central bank for cooperatives;
(5) Federal home loan banks;
(6) Federal National Mortgage Association;
(7) Federal Home Loan Mortgage Corporation;
(8) Tennessee Valley Authority; and
(9) Any other similar agency of the government of the United States of America having similar financial quality.