The funds of a mutual aid association shall be in cash or invested as provided by the laws of this state with respect to such associations and life insurers.
Structure Code of Alabama
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 27-30-7 - 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 27-30-14 - 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.