2015 Code of Alabama
Title 27 - INSURANCE.
Chapter 37 - ASSETS.
Section 27-37-3 - Assets and liabilities as deductions.

AL Code § 27-37-3 (2015) What's This?
Section 27-37-3Assets and liabilities as deductions.

Assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets and deductions from assets may be charged as liabilities in accordance with the form of an annual statement applicable to the insurer as prescribed by the commissioner or otherwise in his discretion.

(Acts 1971, No. 407, p. 707, §746.)

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