§ 27-31-1 Definitions
§ 27-31-2 Applicability of chapter
§ 27-31-3 Powers generally
§ 27-31-4 Business name; actions
§ 27-31-5 Attorneys
§ 27-31-6 Surplus funds of domestic insurer
§ 27-31-7 Certificate of authority – Application by domestic insurer; contents of declaration
§ 27-31-8 Certificate of authority – Issuance; refusal, suspension, or revocation
§ 27-31-9 Power of attorney
§ 27-31-10 Modifications of subscribers’ agreement or power of attorney of domestic insurer
§ 27-31-11 Bond of attorney of domestic insurer – Requirements
§ 27-31-12 Bond of attorney of domestic insurer – Deposit in lieu thereof
§ 27-31-13 Action on bond or deposit in lieu thereof
§ 27-31-14 Service of process on domestic insurer; judgment thereon
§ 27-31-15 Advancement of funds to domestic insurers
§ 27-31-16 Annual statement; supplemental information
§ 27-31-17 Determination of financial condition
§ 27-31-18 Subscribers; exchange of insurance contracts; liability of representatives
§ 27-31-19 Subscribers’ advisory committee of domestic insurer
§ 27-31-20 Liability of subscribers – Generally
§ 27-31-21 Liability of subscribers – Judgment
§ 27-31-22 Levy of assessments on subscribers of domestic insurers – Generally
§ 27-31-23 Levy of assessments on subscribers of domestic insurers – Time limit
§ 27-31-24 Levy of assessments on subscribers of domestic insurers – Aggregate liability
§ 27-31-25 Nonassessable policies
§ 27-31-26 Distribution of unused premiums, etc
§ 27-31-27 Distribution of assets upon liquidation of domestic insurer
§ 27-31-28 Merger or conversion of domestic insurer
§ 27-31-29 Proceedings when assets of insurer insufficient
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Terms Used In Alabama Code > Title 27 > Chapter 31 - Reciprocal Insurers

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Attorney: as used in this chapter , refers to the attorney-in-fact of a reciprocal insurer. See Alabama Code 27-31-5
  • Attorney-at-law: A person who is legally qualified and licensed to practice law, and to represent and act for clients in legal proceedings.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Docket: A log containing brief entries of court proceedings.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Executor: A male person named in a will to carry out the decedent
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Legatee: A beneficiary of a decedent
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • oath: includes affirmation. See Alabama Code 1-1-1
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Probation officers: Screen applicants for pretrial release and monitor convicted offenders released under court supervision.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.