Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/27-36-5.htm |
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Depth: | 0 singles |
Size: | 785 bytes |
Modified: | 1997-12-16 14:03:20 |
Categories: | -None- |
Title: | 27-36-5 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 27-36-5 Active life reserve for disability insurance. For all disability insurance policies, the insurer shall maintain an active life reserve which shall place a sound value on its liabilities under such policies and be not less than the reserve according to appropriate standards set forth in regulations issued by the commissioner and, in no event, less in the aggregate than the pro rata gross unearned premiums for such policies. (Acts 1971, No. 407, p. 707, ยง741.) |