| Code of Alabama |
| Match Context and Document information |
| URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/27-6-12.htm |
|---|---|
| Depth: | 0 singles |
| Size: | 851 bytes |
| Modified: | 2008-02-19 15:25:48 |
| Categories: | -None- |
| Title: | 27-6-12 |
| Description: | -None- |
| Keywords: | -None- |
| Meta data: | -None- |
| Body: | Section 27-6-12 Rights of solvent insurers. So long as the insurer remains solvent and is in compliance with this title, it may: (1) Demand, receive, maintain actions for, and recover the income from the securities or assets deposited; (2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and (3) At any reasonable time, inspect any such deposit. (Code 1940, T. 28, §73; Acts 1971, No. 407, p. 707, §108.) |