Current through the 2024 Regular Session.
Section 27-43-7 - Procedure for incorporation of legal services insurance corporation generally(a) Any number of corporate or adult natural persons may organize a legal service insurance corporation under this section.(b) The articles of incorporation shall conform to the requirements applicable to corporations, except that:(1) The name of the corporation shall indicate that payment for legal services or indemnity for legal expenses is to be provided; and(2) The purposes of the corporation shall be limited to payment for legal services or indemnity for legal expenses and business expenses reasonably related thereto.Ala. Code § 27-43-7 (1975)
Acts 1981, No. 81-719, p. 1214, §1.