Ala. Code § 27-27-61

Current with legislation from 2024 effective through May 17, 2024.
Section 27-27-61 - Applicability of corporation statutes to domestic insurers

The applicable statutes of this state relating to the powers and procedures of domestic private corporations formed for profit shall apply to domestic stock insurers and to domestic mutual insurers, except where in conflict with the express provisions of this title and the reasonable implications of such provisions.

Ala. Code § 27-27-61 (1975)

Acts 1971, No. 407, p. 707, §498.