There is a newer version of the Code of Alabama
2013 Code of Alabama
Title 27 - INSURANCE.
Chapter 44 - LIFE AND DISABILITY INSURANCE GUARANTY ASSOCIATION.
- Section 27-44-1 - Short title.
- Section 27-44-2 - (Effective January 1, 2013.) Purpose of chapter.
- Section 27-44-3 - (Effective January 1, 2013.) Scope of chapter.
- Section 27-44-4 - Construction of chapter.
- Section 27-44-5 - (Effective January 1, 2013.) Definitions.
- Section 27-44-6 - Creation of association; membership; accounts; supervision.
- Section 27-44-7 - Board of directors; selection of members; vacancies; organizational meeting; reimbursement for expenses.
- Section 27-44-8 - (Effective January 1, 2013.) Powers and duties of association.
- Section 27-44-9 - (Effective January 1, 2013.) Assessments.
- Section 27-44-10 - Submission of plan of operation and amendments; promulgation of rules in absence of plan.
- Section 27-44-11 - (Effective January 1, 2013.) Duties and powers of commissioner; appeal and review; notification.
- Section 27-44-12 - Duties of commissioner and board with regard to detection and prevention of insolvencies or impairment.
- Section 27-44-13 - Credits for assessments paid.
- Section 27-44-14 - Liability of unpaid assessments; records of negotiations and meetings; association deemed creditor of impaired or insolvent insurer; judicial distribution of ownership rights of insolvent insurer; recovery by receiver of certain distributions from controlling affiliates.
- Section 27-44-15 - Examination and regulation of association; annual report.
- Section 27-44-16 - Tax exemptions.
- Section 27-44-17 - Immunity under chapter.
- Section 27-44-18 - (Effective January 1, 2013.) Stay of proceedings; reopening default judgments.
- Section 27-44-20 - Association, policyholders, beneficiaries and insureds to have preferred creditor status.
- Section 27-44-21 - Immediate access of associations in this and other states to assets of insolvent insurer; application to court; contents of proposal; notice.
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