An order to liquidate the business of a United States branch of an alien insurer having trusteed assets in this state shall be in the same terms as those prescribed for domestic insurers, save and except only that the assets of the business of such United States branch shall be the only assets included therein.
Ala. Code § 27-32-13
Orders - Liquidation - Alien Insurers.
Known as the Uniform Insurers Liquidation Act
The act spans §§ 27–27 (42 sections).
(Acts 1971, No. 407, p. 707, §632.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.