Alabama Statutes
§ 27-41-40 — Effect of Failure to Dispose of Real Estate, Personal Property, Securities, Etc., Within Prescribed Period of Time
Alabama § 27-41-40
JurisdictionAlabama
Title 27Insurance
Ch. 41Investments of Domestic Insurers and Health Maintenance Organizations
This text of Alabama § 27-41-40 (Effect of Failure to Dispose of Real Estate, Personal Property, Securities, Etc., Within Prescribed Period of Time) 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 § 27-41-40 (2026).
Text
Any real estate, personal property, securities, or other investment lawfully acquired and held by an insurer shall not be allowed as an admitted asset of the insurer after expiration of the period for disposal thereof or any extension of such period granted by the commissioner pursuant to the provisions of Section 27-41-34.
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Legislative History
(Acts 1977, No. 408, p. 530, §36.)
Nearby Sections
15
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Bluebook (online)
Alabama § 27-41-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-41-40.