Organization and Corporate Procedures of Stock and Mutual Insurers.

  1. Law
  2. Code of Alabama
  3. Insurance.
  4. Organization and Corporate Procedures of Stock and Mutual Insurers.

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Section
27-27-1

Definitions.

Section
27-27-2

Applicability of Chapter.

Section
27-27-3

Power of Domestic Insurers to Indemnify Directors, Etc.

Section
27-27-4

Solicitation Permit - Requirement.

Section
27-27-5

Solicitation Permit - Application.

Section
27-27-6

Solicitation Permit - Approval or Denial.

Section
27-27-7

Solicitation Permit - Issuance; Contents; Compliance With Terms.

Section
27-27-8

Solicitation Permit - Effect of Granting Permit.

Section
27-27-9

Solicitation Permit - Modification or Revocation.

Section
27-27-10

Solicitation Permit - Bond or Deposit in Lieu Thereof; Waiver of Same.

Section
27-27-11

Licensing of Securities Salesmen.

Section
27-27-12

Deposit of Solicitation Permit Funds in Escrow - Requirement.

Section
27-27-13

Deposit of Solicitation Permit Funds in Escrow - Withdrawal and Refund.

Section
27-27-14

Solicitation Permit for Subsequent Financing.

Section
27-27-15

Domestic Mutual Insurers - Authorization to Transact Insurance.

Section
27-27-16

Domestic Mutual Insurers - Bond or Deposit in Lieu Thereof.

Section
27-27-17

Domestic Mutual Insurers - Solicitation of Qualifying Applications for Insurance.

Section
27-27-18

Domestic Mutual Insurers - Deposit in Trust of Premiums or Fees on Qualifying Applications.

Section
27-27-19

Domestic Mutual Insurers - Failure to Complete Organization.

Section
27-27-20

Domestic Mutual Insurers - Authorization to Transact Additional Kinds of Insurance.

Section
27-27-21

Domestic Mutual Insurers - Membership.

Section
27-27-22

Domestic Mutual Insurers - Bylaws.

Section
27-27-23

Directors of Domestic Insurers - Number; Election; Qualifications.

Section
27-27-24

Directors of Domestic Insurers - Removal; Vacancies.

Section
27-27-25

Corrupt or Dishonest Practices in Meeting of Stockholders or Members.

Section
27-27-26

Pecuniary Interests of Officers, etc., of Domestic Insurers.

Section
27-27-27

Exclusive Management and Production of Business Contracts by Domestic Insurers.

Section
27-27-28

Notice of Change of Directors, Etc.

Section
27-27-29

Principal Place of Business and Home Office of Domestic Insurers; Maintenance of Assets in State; Removal of Records or Assets; Exceptions.

Section
27-27-30

Voucher or Other Document for Disbursements.

Section
27-27-31

Contingent Liability of Members of Domestic Mutual Insurers - Generally.

Section
27-27-32

Contingent Liability of Members of Domestic Mutual Insurers - Levy of Assessments.

Section
27-27-33

Collection of Assessments by Insurers.

Section
27-27-34

Nonassessable Policies in Mutual Insurers - Generally.

Section
27-27-35

Nonassessable Policies in Mutual Insurers - Revocation of Domestic Insurers Authority to Issue.

Section
27-27-36

Issuance of Participating or Nonparticipating Policies by Domestic Insurers.

Section
27-27-37

Dividends - Domestic Stock Insurers.

Section
27-27-38

Dividends - Domestic Mutual Insurers.

Section
27-27-39

Dividends - Liability for Illegal Dividends by Domestic Insurers.

Section
27-27-40

Loans by Domestic Insurers.

Section
27-27-41

Deficiencies in Stock Insurer's Capital or Assets of Mutual Insurers - Generally.

Section
27-27-42

Deficiencies in Stock Insurer's Capital or Assets of Mutual Insurers - Curing of Deficiency.

Section
27-27-43

Mutualization of Stock Insurers.

Section
27-27-44

Conversion of Mutual Insurer Into Stock Insurer.

Section
27-27-45

Merger and Consolidations - Domestic Stock Insurers.

Section
27-27-46

Merger and Consolidations - Domestic Mutual Insurers.

Section
27-27-47

Bulk Reinsurance - Domestic Stock Insurers.

Section
27-27-48

Bulk Reinsurance - Domestic Mutual Insurers.

Section
27-27-49

Distribution of Assets Upon Liquidation of Domestic Mutual Insurer.

Section
27-27-49.1

Recovery.

Section
27-27-50

Extinguishment and Nullification of Domestic Insurers' Corporate Charter.

Section
27-27-51

Rules and Regulations as to Securities of Domestic Stock Insurers.

Section
27-27-52

Insider Trading of Domestic Stock Insurer Equity Securities - Short Title.

Section
27-27-53

Insider Trading of Domestic Stock Insurer Equity Securities - Ownership Statements.

Section
27-27-54

Insider Trading of Domestic Stock Insurer Equity Securities - Recovery of Certain Profits by Company.

Section
27-27-55

Insider Trading of Domestic Stock Insurer Equity Securities - Unlawful Sales.

Section
27-27-56

Insider Trading of Domestic Stock Insurer Equity Securities - Exemptions From Sections 27-27-54 and 27-27-55; Prescription of Terms and Conditions Thereon.

Section
27-27-57

Insider Trading of Domestic Stock Insurer Equity Securities - Applicability of Sections 27-27-53 Through 27-27-55.

Section
27-27-58

Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Defined.

Section
27-27-59

Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Applicability of Sections 27-27-53 Through 27-27-55.

Section
27-27-60

Insider Trading of Domestic Stock Insurer Equity Securities - Rules and Regulations.

Section
27-27-61

Applicability of Corporation Statutes to Domestic Insurers.