Alabama Statutes
§ 27-41-25 — Particular Investments - Policy Loans
Alabama § 27-41-25
JurisdictionAlabama
Title 27Insurance
Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations
This text of Alabama § 27-41-25 (Particular Investments - Policy Loans) 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 § 27-41-25 (2026).
Text
A life insurer may lend to its policyholder upon the security of the policy any sum not exceeding the cash surrender value of the policy or may lend against pledge or assignment of any of its supplementary contracts or other contracts or obligations so long as the loan is adequately secured by such policy contracts.
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Legislative History
(Acts 1977, No. 408, p. 530, §25.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-41-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-41-25.