Code of Alabama
Title 27 - Insurance.
Chapter 35 - Conversion of Fraternal Benefit Societies.

Section 27-35-1 - Conversion Into Stock or Mutual Life Insurance Company - Authority; How Effected. - Any fraternal benefit society organized under the laws of this...

Section 27-35-2 - Conversion Into Stock or Mutual Life Insurance Company - Plan of Conversion; Approval or Disapproval Thereof. - (a) The proposed plan for the conversion of the society...

Section 27-35-3 - Conversion Into Stock or Mutual Life Insurance Company - Notice to Subordinate Lodges or Branches. - After the plan of conversion has been approved by the...

Section 27-35-4 - Conversion Into Stock or Mutual Life Insurance Company - Ratification or Amendment of Articles of Incorporation - Generally. - Pursuant to the notice provided for in Section 27-35-3, the...

Section 27-35-5 - Conversion Into Stock or Mutual Life Insurance Company - Ratification or Amendment of Articles of Incorporation - Filing. - (a) The articles of incorporation so adopted or as so...

Section 27-35-6 - Conversion Into Stock or Mutual Life Insurance Company - Certificates of Incorporation and Authority. - The society shall have corporate existence as a domestic stock...

Section 27-35-7 - Conversion Into Stock or Mutual Life Insurance Company - Provisions for Certificate Holders to Subscribe to Stock. - If the fraternal benefit society is to be converted into...

Section 27-35-8 - Conversion Into Stock or Mutual Life Insurance Company - Completion; Effect. - (a) When a fraternal benefit society has complied with the...

Section 27-35-9 - Conversion Into Stock or Mutual Life Insurance Company - Preservation of Debts, Liabilities, and Duties. - Rights of creditors and all liens upon the property of...

Section 27-35-10 - Conversion Into Stock or Mutual Life Insurance Company - Obligation to Holders of Policies or Certificates; Pending Actions. - (a) The reorganized and converted corporation shall be obligated to...

Section 27-35-11 - Conversion Into Stock or Mutual Life Insurance Company - Separate Record of Premiums; Exemption From Premium Taxes. - The insurer, after conversion from a fraternal benefit society, shall...