Alabama Statutes
§ 27-41-21 — Particular Investments - Obligations of Religious Institutions or Societies
Alabama § 27-41-21
JurisdictionAlabama
Title 27Insurance
Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations
This text of Alabama § 27-41-21 (Particular Investments - Obligations of Religious Institutions or Societies) 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 § 27-41-21 (2026).
Text
An insurer may invest in secured and unsecured obligations of religious institutions or societies located within the United States if the institution or society has not defaulted in payment of principal or interest on any of its obligations during the five years preceding the investment.
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Legislative History
(Acts 1977, No. 408, p. 530, §21.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-41-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-41-21.