Collections
Code of Alabama
Title 27
Chapter 44
Ala. Code § 27-44 et seq.
Life and Disability Insurance Guaranty Association
Learn More
Log In
Sign Up
27-44-1
Short Title.
27-44-2
Purpose of Chapter.
27-44-3
Scope of Chapter.
27-44-4
Construction of Chapter.
27-44-5
Definitions.
27-44-6
Creation of Association; Membership; Accounts; Supervision.
27-44-7
Board of Directors; Selection of Members; Vacancies; Organizational Meeting; Reimbursement for Expenses.
27-44-8
Powers and Duties of Association.
27-44-9
Assessments.
27-44-10
Submission of Plan of Operation and Amendments; Promulgation of Rules in Absence of Plan.
27-44-11
Duties and Powers of Commissioner; Appeal and Review; Notification.
27-44-12
Duties of Commissioner and Board with Regard to Detection and Prevention of Insolvencies or Impairment.
27-44-13
Credits for Assessments Paid.
27-44-14
Liability of Unpaid Assessments; Records of Negotiations and Meetings; Association Deemed Creditor of Impaired or Insolvent Insurer; Judicial Distribution of Ownership Rights of Insolvent Insurer; Recovery by Receiver of Certain Distributions from Controlling Affiliates.
27-44-15
Examination and Regulation of Association; Annual Report.
27-44-16
Tax Exemptions.
27-44-17
Immunity Under Chapter.
27-44-18
Stay of Proceedings; Reopening Default Judgments.
27-44-20
Association, Policyholders, Beneficiaries, and Insureds to Have Preferred Creditor Status.
27-44-21
Immediate Access of Associations in This and Other States to Assets of Insolvent Insurer; Application to Court; Contents of Proposal; Notice.