Code of Alabama
Title 27 - Insurance.
Chapter 30 - Mutual Aid Associations.

Section 27-30-1 - "Mutual Aid Association" Defined. - For the purposes of this title, a "mutual aid association,"...

Section 27-30-2 - Applicability of Chapter - Generally. - (a) This chapter applies only to domestic mutual aid associations,...

Section 27-30-3 - Applicability of Chapter - Exceptions. - The designation "mutual aid association" and this chapter do not...

Section 27-30-4 - Authorization to Act As, or For, Association - Generally. - (a) No person shall in this state be, act as...

Section 27-30-5 - Authorization to Act As, or For, Association - Requirements. - No person shall hereafter be authorized or hold authority to...

Section 27-30-6 - Capital Stock or Surplus Requirements for Existing Associations. - Any domestic mutual aid association which immediately prior to January...

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. - (a) All mutual aid associations which have held valid certificates...

Section 27-30-7 - Name of Association. - Every mutual aid association shall have and use in its...

Section 27-30-8 - Certificate of Authority - Application. - (a) To apply for a certificate of authority, a mutual...

Section 27-30-9 - Certificate of Authority - Issuance or Refusal. - If, upon completion of the application for a certificate of...

Section 27-30-10 - Certificate of Authority - Expiration; Renewal. - (a) The certificate of authority of a mutual aid association...

Section 27-30-11 - Certificate of Authority - Suspension or Revocation - Grounds. - (a) The commissioner shall suspend or revoke the certificate of...

Section 27-30-12 - Certificate of Authority - Suspension or Revocation - Procedure. - (a) If suspension or revocation of certificate of authority relates...

Section 27-30-13 - Commissioner as Agent for Process; Service of Process; Notice of Change of Address. - (a) Every mutual aid association, at the time of filing...

Section 27-30-14 - Contracts - Issuance; Contents; Approval by Commissioner. - (a) A mutual aid association shall issue to each member...

Section 27-30-15 - Contracts - Limits of Risk. - (a) An association shall not, at any one time, have...

Section 27-30-16 - Contracts - Annual Valuation - Benefits Payable in Cash. - (a) The commissioner shall each year compute the net value...

Section 27-30-17 - Contracts - Annual Valuation - Benefits, Aid, or Services Other Than Cash. - (a) The commissioner shall each year cause all outstanding contracts...

Section 27-30-18 - Deposit - Amounts; Purpose; Kind. - (a) Each mutual aid association shall, prior to issuance of...

Section 27-30-19 - Deposit - Administration. - (a) Deposits of mutual aid associations, heretofore or hereafter made...

Section 27-30-20 - Funds of Association. - The funds of a mutual aid association shall be in...

Section 27-30-21 - Accounts and Records. - (a) Every mutual aid association shall keep complete and accurate...

Section 27-30-22 - Annual Statement; Furnishing of Other Information. - (a) Each mutual aid association shall, annually on or before...

Section 27-30-23 - Duty of Officers and Agents. - Any officer or agent of a mutual aid association whose...

Section 27-30-24 - Examinations by Commissioner. - The commissioner shall, at least once every three years and...

Section 27-30-25 - Exemption of Resident Members', etc., Interest From Process. - The interest of resident members and policyholders of mutual aid...

Section 27-30-26 - Incorporation and Financing of New Associations. - New domestic mutual aid associations, whether stock corporations or mutual...

Section 27-30-27 - Qualification of Corporation for Original Certificate of Authority. - (a) When applying for an original certificate of authority, a...

Section 27-30-28 - Increase or Decrease of Capital Stock. - (a) A domestic mutual aid association incorporated on the stock...

Section 27-30-29 - Membership; Meetings of Members; Voting Rights. - (a) Every holder of a policy, certificate, or benefit agreement...

Section 27-30-30 - Directors or Trustees. - (a) The affairs of every domestic mutual aid association shall...

Section 27-30-32 - Applicability of Chapters 7 and 8a. - Persons representing or aiding a mutual aid association in the...

Section 27-30-33 - Applicability of Other Provisions. - In addition to those contained or referred to in this...

Section 27-30-34 - Provision of Domestic Life and Disability Insurance Pursuant to Chapter 3. - Mutual aid associations organized and authorized under the provisions of...