Alabama Code 27-2-33. Order of supervision – Authority of commissioner; reasons for issuance
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The Commissioner of Insurance is empowered to place an insurance company under supervision, after a hearing thereon, by appropriate order, for the following reasons:
Terms Used In Alabama Code 27-2-33
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- following: means next after. See Alabama Code 1-1-1