Code of Alabama
Chapter 30 - Mutual Aid Associations.
Section 27-30-1 - "Mutual Aid Association" Defined.

For the purposes of this title, a "mutual aid association," whether otherwise known as a "benefit" or "industrial" company or by whatever other name called, is a corporation whose business is limited to the provision of any of the following payments, aid, or benefits under certificates, policies, or agreements issued to or made with members or policyholders and which payments, aid, or benefits are derived from donations, fees, dues, assessments, or premiums:
(1) Upon the birth of any child, or marriage, or sickness, or physical disability of the policyholder or member, or of his dependent, to pay money or render aid;
(2) The provision of dental, medical, or surgical attention, or hospital service or attention of any kind as to the member or policyholder or to his dependents; or
(3) Upon death of the policyholder or member or of his dependent, to pay money or render aid, including burial benefits or the furnishing of a complete funeral and including the payment of money and rendering aid to a beneficiary as designated by the policyholder or member becoming deceased.

Structure Code of Alabama

Code of Alabama

Title 27 - Insurance.

Chapter 30 - Mutual Aid Associations.

Section 27-30-1 - "Mutual Aid Association" Defined.

Section 27-30-2 - Applicability of Chapter - Generally.

Section 27-30-3 - Applicability of Chapter - Exceptions.

Section 27-30-4 - Authorization to Act As, or For, Association - Generally.

Section 27-30-5 - Authorization to Act As, or For, Association - Requirements.

Section 27-30-6 - Capital Stock or Surplus Requirements for Existing Associations.

Section 27-30-6.1 - Authority to Increase Paid-in Capital Stock and Paid-in Surplus; Contracts or Policies on Any One Life and Accidental Death Benefits.

Section 27-30-7 - Name of Association.

Section 27-30-8 - Certificate of Authority - Application.

Section 27-30-9 - Certificate of Authority - Issuance or Refusal.

Section 27-30-10 - Certificate of Authority - Expiration; Renewal.

Section 27-30-11 - Certificate of Authority - Suspension or Revocation - Grounds.

Section 27-30-12 - Certificate of Authority - Suspension or Revocation - Procedure.

Section 27-30-13 - Commissioner as Agent for Process; Service of Process; Notice of Change of Address.

Section 27-30-14 - Contracts - Issuance; Contents; Approval by Commissioner.

Section 27-30-15 - Contracts - Limits of Risk.

Section 27-30-16 - Contracts - Annual Valuation - Benefits Payable in Cash.

Section 27-30-17 - Contracts - Annual Valuation - Benefits, Aid, or Services Other Than Cash.

Section 27-30-18 - Deposit - Amounts; Purpose; Kind.

Section 27-30-19 - Deposit - Administration.

Section 27-30-20 - Funds of Association.

Section 27-30-21 - Accounts and Records.

Section 27-30-22 - Annual Statement; Furnishing of Other Information.

Section 27-30-23 - Duty of Officers and Agents.

Section 27-30-24 - Examinations by Commissioner.

Section 27-30-25 - Exemption of Resident Members', etc., Interest From Process.

Section 27-30-26 - Incorporation and Financing of New Associations.

Section 27-30-27 - Qualification of Corporation for Original Certificate of Authority.

Section 27-30-28 - Increase or Decrease of Capital Stock.

Section 27-30-29 - Membership; Meetings of Members; Voting Rights.

Section 27-30-30 - Directors or Trustees.

Section 27-30-32 - Applicability of Chapters 7 and 8a.

Section 27-30-33 - Applicability of Other Provisions.

Section 27-30-34 - Provision of Domestic Life and Disability Insurance Pursuant to Chapter 3.