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.
Ala. Code § 27-30-20
Funds of Association.
(Code 1940, T. 28, §253; Acts 1971, No. 407, p. 707, §576.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.