There Is a Newer Version of the Code of Alabama
2009 Alabama Code
Title 27 — INSURANCE.
Chapter 33 — TRUSTEED ASSETS OF ALIEN INSURERS.
Section 27-33-4 Purpose and duration of trust.
Section 27-33-4Purpose and duration of trust.
The deposit required by Section 27-33-2 shall be for the benefit, security and protection of the policyholders or policyholders and creditors of the insurer in the United States. It shall be maintained as long as there is outstanding any liability of the insurer arising out of its insurance transactions in the United States.
(Acts 1971, No. 407, p. 707, §659.)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.
