Alabama Statutes

§ 27-41-20 — Particular Investments - Leased Line Obligations of Railroads; Terminal Obligations of Railroads and Other Common Carriers

Alabama § 27-41-20
JurisdictionAlabama
Title 27Insurance
Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations

This text of Alabama § 27-41-20 (Particular Investments - Leased Line Obligations of Railroads; Terminal Obligations of Railroads and Other Common Carriers) 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 § 27-41-20 (2026).

Text

An insurer may invest in:

(1)Leased line obligations of railroads where all of the fixed interest-bearing obligations of the lessee meet the standards prescribed in Section 27-41-15.
(2)Terminal obligations of railroads and other common carriers where all of the fixed interest-bearing obligations of the obligor meet the standards prescribed in Section 27-41-15.

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Legislative History

(Acts 1977, No. 408, p. 530, §20.)

Nearby Sections

15
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Bluebook (online)
Alabama § 27-41-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-41-20.