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Code of Alabama

Chapter 41

Ala. Code § 27-41 et seq.

Investments of Domestic Insurers and Health Maintenance Organizations

27-41-1Applicability of Chapter.27-41-2Definitions.27-41-3Investments Which May Be Counted as Admitted Assets Generally; Investments and Obligations for Investments Deemed Eligible Investments Under Chapter Generally; Filing with Commissioner of Certified Statements as to Investments or Obligations for Investments Not Deemed Eligible Under Chapter; Assets or Funds to Which Investment Limitations Based Upon Amounts of Insurers Assets or Particular Funds Relate.27-41-4General Requirements as to Eligibility of Investments.27-41-5Authorization of Investments by Board of Directors, Etc.27-41-6Limitations Upon Investments Generally.27-41-7Particular Investments - Bonds, Notes, Etc., of United States.27-41-8Particular Investments - Loans Guaranteed by United States.27-41-9Particular Investments - Bonds, Etc., of States or Counties, Municipalities, School Districts, Etc., Therein Generally.27-41-10Particular Investments - Bonds, Etc., Issued by States, Counties, Municipalities, Etc., to Provide Funds for Public Projects, Etc.27-41-11Particular Investments - Bonds, Etc., of Local Public Housing Authorities.27-41-12Particular Investments - Obligations Issued or Guaranteed by Certain Federal Agencies.27-41-13Particular Investments - Bonds, Etc., Issued, Etc., by Canadian Government, Provinces Thereof, Etc.27-41-14Particular Investments - Obligations Issued, Etc., by International Bank for Reconstruction and Development and National Mortgage Association.27-41-15Particular Investments - Obligations of American and Canadian Institutions Generally.27-41-16Particular Investments - Preferred or Guaranteed Stocks or Shares of American Corporations.27-41-17Particular Investments - Common Stocks or Shares and Capital Stocks of American and Canadian Corporations.27-41-18Particular Investments - American Insurance Stocks.27-41-19Particular Investments - Transportation Equipment Trust Obligations; Notes, Etc., Secured by Leases, Agreements, Etc., Relating to Manufacturing, Mining, Etc., Machinery, Etc.27-41-20Particular Investments - Leased Line Obligations of Railroads; Terminal Obligations of Railroads and Other Common Carriers.27-41-21Particular Investments - Obligations of Religious Institutions or Societies.27-41-22Particular Investments - Loans Secured by Liens on Interests in Oil, Gas, or Condensate Properties, Etc.27-41-23Particular Investments - Certificates, Etc., Issued by Trustees or Receivers of Institutions Being Administered Under Court Direction.27-41-24Particular Investments - Loans Secured by Pledges of Securities or Pledges or Assignments of Life Insurance Policies.27-41-25Particular Investments - Policy Loans.27-41-26Particular Investments - Shares or Savings Accounts of Savings and Loan Associations.27-41-27Particular Investments - Securities, Etc., of Foreign Countries.27-41-28Particular Investments - Bonds, Etc., Guaranteed or Insured by United States Under Federal Law or Secured by Mortgages on Ships, Barges, Etc.27-41-29Particular Investments - Bonds, Etc., Secured by Mortgages or Deeds of Trust on Real Property, Etc., Generally.27-41-30Particular Investments - Loans, Notes, Etc., Secured by Mortgages and Leases on Real Property.27-41-31Particular Investments - Data Processing and Accounting Systems.27-41-32Particular Investments - Investments Relating to Agricultural Property Securing Evidences of Indebtedness Held by Insurers and Subject to Mortgage Foreclosure or Insolvency Proceedings.27-41-33Particular Investments - Loans on Personal Property; Chattel Mortgages.27-41-34Particular Investments - Real Estate.27-41-34.1Particular Investments - Oil and Gas Producing Properties and Facilities.27-41-35Miscellaneous Investments.27-41-36Prohibited Investments; Underwriting, Etc., of Offerings of Securities or Property.27-41-37Investments of Mutual Aid Associations - Generally.27-41-38Investments of Mutual Aid Associations - Funeral Supply Inventories and Funeral Equipment.27-41-39Investments of Foreign and Alien Insurers; Cash Equivalents.27-41-40Effect of Failure to Dispose of Real Estate, Personal Property, Securities, Etc., Within Prescribed Period of Time.27-41-41Only Eligible Investments to Be Counted as Admitted Assets; Treatment of Investments Partially Qualifying as Eligible Investments.