There is a newer version of the Code of Alabama
2009 Alabama Code
Title 27 — INSURANCE.
Chapter 2 — DEPARTMENT AND COMMISSIONER OF INSURANCE.
Section 27-2-55 Assumption by receiver of certain former powers, duties, etc., of commissioner.
Section 27-2-55Assumption by receiver of certain former powers, duties, etc., of commissioner.
All duties, rights, power, authority and responsibility placed upon the Commissioner of Insurance by Sections 27-32-15 through 27-32-36, or by future law, as receiver of an insurer shall be vested in and assumed by the receiver appointed pursuant to this article, however, nothing herein shall divest the commissioner of the authority to examine insurers for solvency and to institute delinquency proceedings pursuant to law.
(Acts 1975, No. 1039, p. 2083, §4.)Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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