Alabama Statutes
§ 27-41-23 — Particular Investments - Certificates, Etc., Issued by Trustees or Receivers of Institutions Being Administered Under Court Direction
Alabama § 27-41-23
JurisdictionAlabama
Title 27Insurance
Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations
This text of Alabama § 27-41-23 (Particular Investments - Certificates, Etc., Issued by Trustees or Receivers of Institutions Being Administered Under Court Direction) 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 § 27-41-23 (2026).
Text
An insurer may invest in certificates, notes, or other obligations issued by trustees or receivers of any institution created or existing under the laws of the United States or of any state thereof which, or the assets of which, are being administered under the direction of any court having jurisdiction if any such obligation is adequately secured as to principal and interest.
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Legislative History
(Acts 1977, No. 408, p. 530, §23.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-41-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-41-23.