Ala. Code § 27-41-14 (2026)
Particular Investments - Obligations Issued, Etc., by International Bank for Reconstruction and Development and National Mortgage Association.
(Acts 1977, No. 408, p. 530, §14; Acts 1987, No. 87-594, p. 1033, §1.)
- (a) An insurer may invest in obligations issued, assumed, or guaranteed by the International Bank for Reconstruction and Development.
- (b) An insurer may invest in the obligations of the Federal National Mortgage Association.
- (c) An insurer may invest in obligations issued, assumed, or guaranteed by the African Development Bank.
(Acts 1977, No. 408, p. 530, §14; Acts 1987, No. 87-594, p. 1033, §1.)