During the pendency of delinquency proceedings in this or any reciprocal state, no action or proceeding in the nature of an attachment, garnishment, or execution shall be commenced or maintained in the courts of this state against the delinquent insurer or its assets. Any lien obtained by any such action or proceeding within four months prior to the commencement of any such delinquency proceeding, or at any time thereafter, shall be void as against any rights arising in such delinquency proceeding.
Ala. Code § 27-32-21
Attachment, Garnishment, and Execution.
Known as the Uniform Insurers Liquidation Act
The act spans §§ 27-32-1 to 27-32-9 (42 sections).
(Acts 1971, No. 407, p. 707, §640.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.