Insurance Guaranty Association.

  1. Law
  2. Code of Alabama
  3. Insurance.
  4. Insurance Guaranty Association.

Checkout our iOS App for a better way to browser and research.

Section
27-42-1

Short Title.

Section
27-42-2

Purpose of Chapter.

Section
27-42-3

Applicability of Chapter.

Section
27-42-4

Construction of Chapter.

Section
27-42-5

Definitions.

Section
27-42-6

Association Created; Member Insurers; Accounts.

Section
27-42-7

Board of Directors; Selection; Vacancies; Expenses.

Section
27-42-8

Powers and Duties.

Section
27-42-8.1

Maximum Assessment.

Section
27-42-9

Plan of Operation.

Section
27-42-10

Duties and Powers of the Commissioner; Judicial Review.

Section
27-42-11

Settlement and Payment of Claims; Recovery.

Section
27-42-12

Exhaustion of Rights; Nonduplication of Recovery.

Section
27-42-13

Prevention of Insolvencies; Examinations of Insurers; Reports.

Section
27-42-14

Examination of the Association; Financial Report.

Section
27-42-15

Tax Exemption.

Section
27-42-16

Credits for Assessments Paid; Disposition of Refunds Previously Offset.

Section
27-42-17

Immunity.

Section
27-42-18

Stay of Proceedings; Access of Board to Records of Insurers.

Section
27-42-19

Association, Policyholders, Beneficiaries, and Insureds to Have Preferred Creditor Status.

Section
27-42-20

Access to Assets of Insolvent Insurer; Application for Court Approval of Plan to Disburse Assets; Notice of Application.