Code of Alabama
Chapter 44 - Life and Disability Insurance Guaranty Association.
Section 27-44-16 - Tax Exemptions.

The association shall be exempt from payment of all fees and all taxes levied by this state or any of its subdivisions, except taxes levied on real or personal property.

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Structure Code of Alabama

Code of Alabama

Title 27 - Insurance.

Chapter 44 - Life and Disability Insurance Guaranty Association.

Section 27-44-1 - Short Title.

Section 27-44-2 - Purpose of Chapter.

Section 27-44-3 - Scope of Chapter.

Section 27-44-4 - Construction of Chapter.

Section 27-44-5 - Definitions.

Section 27-44-6 - Creation of Association; Membership; Accounts; Supervision.

Section 27-44-7 - Board of Directors; Selection of Members; Vacancies; Organizational Meeting; Reimbursement for Expenses.

Section 27-44-8 - Powers and Duties of Association.

Section 27-44-9 - Assessments.

Section 27-44-10 - Submission of Plan of Operation and Amendments; Promulgation of Rules in Absence of Plan.

Section 27-44-11 - Duties and Powers of Commissioner; Appeal and Review; Notification.

Section 27-44-12 - Duties of Commissioner and Board With Regard to Detection and Prevention of Insolvencies or Impairment.

Section 27-44-13 - Credits for Assessments Paid.

Section 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 Di...

Section 27-44-15 - Examination and Regulation of Association; Annual Report.

Section 27-44-16 - Tax Exemptions.

Section 27-44-17 - Immunity Under Chapter.

Section 27-44-18 - Stay of Proceedings; Reopening Default Judgments.

Section 27-44-20 - Association, Policyholders, Beneficiaries, and Insureds to Have Preferred Creditor Status.

Section 27-44-21 - Immediate Access of Associations in This and Other States to Assets of Insolvent Insurer; Application to Court; Contents of Proposal; Notice.