There is a newer version
of
this Section
2019 Code of Alabama
Title 27 - Insurance.
Chapter 24 - Surety Insurance Contracts.
Section 27-24-8 - Rights and remedies of insurers.
Universal Citation: AL Code § 27-24-8 (2019)
Section 27-24-8Rights and remedies of insurers.
Such an insurer as surety on any official bond, undertaking, or obligation is entitled to all the rights and remedies of other sureties on such instruments; and any insurer becoming surety on any bond or undertaking, as authorized by this chapter, shall have the same right to be relieved from further liability thereon or to require the principal to give new or additional bonds or undertakings as is conferred by law upon the other sureties on like bonds or undertakings.
(Code 1940, T. 41, §107; Acts 1971, No. 407, p. 707, §493.)
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
