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Section 27-33-1 - Applicability of Chapter. - This chapter applies to all alien insurers using Alabama as...
Section 27-33-2 - Deposit of Assets in Trust. - (a) An alien insurer may use Alabama as a state...
Section 27-33-3 - Existing Trusts. - All trusts of trusteed assets heretofore created and now existing...
Section 27-33-4 - Purpose and Duration of Trust. - The deposit required by Section 27-33-2 shall be for the...
Section 27-33-5 - Trust Agreement - Requirement; Approval by Commissioner. - (a) The deposit referred to in Section 27-33-2 shall be...
Section 27-33-6 - Trust Agreement - Authority to Make and Execute. - An alien insurer proposing to use Alabama as a state...
Section 27-33-7 - Trust Agreement - Amendment. - A trust agreement may be amended, but the amendment shall...
Section 27-33-8 - Trust Agreement - Withdrawal of Approval. - The commissioner's approval of any trust agreement, or of any...
Section 27-33-9 - Trusteed Assets - Title. - Title to the trusteed assets is vested in the trustee...
Section 27-33-10 - Trusteed Assets - Separation; Record. - The trustee shall keep the trusteed assets separate from other...
Section 27-33-11 - Trusteed Assets - Trustee Statements. - (a) The trustee of trusteed assets shall from time to...
Section 27-33-12 - Trusteed Assets - Examination. - The commissioner may examine trusteed assets of any insurer at...
Section 27-33-13 - Trusteed Assets - Withdrawal. - (a) The trust agreement shall provide, in substance, that no...
Section 27-33-14 - Trustees - Substitution. - (a) A new trustee, or new trustees, may be substituted...
Section 27-33-15 - Trustees - Compensation and Expenses. - The compensation and expenses of any trustee, or trustees, of...
Section 27-33-16 - Canadian Insurers. - The provisions of this chapter applicable to a United States...