There is a newer version of the Code of Alabama
2015 Code of Alabama
Title 27 - INSURANCE.
Chapter 42 - INSURANCE GUARANTY ASSOCIATION.
- 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.
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