§ 27-32-1 Definitions
§ 27-32-2 Purpose of chapter; construction thereof
§ 27-32-3 Delinquency proceedings – Jurisdiction; venue; appeal
§ 27-32-4 Delinquency proceedings – Commencement; grant or denial of application
§ 27-32-5 Injunctions and restraining orders
§ 27-32-6 Grounds – Rehabilitation of domestic insurers
§ 27-32-7 Grounds – Liquidation of domestic or alien insurers
§ 27-32-8 Grounds – Conservation of assets – Foreign insurers
§ 27-32-9 Grounds – Conservation of assets – Alien insurers
§ 27-32-10 Grounds – Ancillary liquidation of foreign insurers
§ 27-32-11 Orders – Rehabilitation of domestic insurers
§ 27-32-12 Orders – Liquidation – Domestic insurers
§ 27-32-13 Orders – Liquidation – Alien insurers
§ 27-32-14 Conservation or liquidation of property
§ 27-32-15 Conduct of delinquency proceedings – Domestic and alien insurers
§ 27-32-16 Conduct of delinquency proceedings – Foreign insurers
§ 27-32-17 Claims in delinquency proceedings – Nonresidents against domestic insurers
§ 27-32-18 Claims in delinquency proceedings – Residents against foreign insurers
§ 27-32-19 Claims in delinquency proceedings – Form; time; notice and hearing; order
§ 27-32-20 Claims in delinquency proceedings – Priorities
§ 27-32-21 Attachment, garnishment, and execution
§ 27-32-22 Uniform Insurers Liquidation Act
§ 27-32-23 Deposit of moneys collected
§ 27-32-24 Exemption of commissioner from fees
§ 27-32-25 Loans to facilitate rehabilitation, etc., of insurer
§ 27-32-26 Fixation of rights and liabilities on liquidation of insurer
§ 27-32-27 Voidable transfers and liens
§ 27-32-27.1 Authority of receivers and federal home loan banks regarding collateral pledged by insurer members in delinquency proceedings
§ 27-32-28 Priority of compensation owing employees of insurer
§ 27-32-29 Setoff of credits and debts
§ 27-32-30 Claims upon liquidation of insurer – Allowance
§ 27-32-31 Claims upon liquidation of insurer – Time to file
§ 27-32-32 Assessments – Commissioner’s report
§ 27-32-33 Assessments – Levy
§ 27-32-34 Assessments – Order to pay – Generally
§ 27-32-35 Assessments – Order to pay – Publication and service
§ 27-32-36 Assessments – Order to pay – Judgment
§ 27-32-37 Priority of claims of policyholders and beneficiaries – Established
§ 27-32-38 Priority of claims of policyholders and beneficiaries – Payment of claims
§ 27-32-39 Priority of claims of policyholders and beneficiaries – Reinsuring of policies
§ 27-32-40 Priority of claims of policyholders and beneficiaries – Classification of policyholders and beneficiaries
§ 27-32-41 Priority of claims of policyholders and beneficiaries – Liability of receiver
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Terms Used In Alabama Code > Title 27 > Chapter 32 - Rehabilitation, Reorganization, Conservation, and Liquidation of Insurers

  • Acquittal:
    1. Judgement that a criminal defendant has not been proved guilty beyond a reasonable doubt.
    2. A verdict of "not guilty."
     
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Bailiff: a court officer who enforces the rules of behavior in courtrooms.
  • Caucus: From the Algonquian Indian language, a caucus meant "to meet together." An informal organization of members of the legislature that exists to discuss issues of mutual concern and possibly to perform legislative research and policy planning for its members. There are regional, political or ideological, ethnic, and economic-based caucuses.
  • Chambers: A judge's office.
  • Circumstantial evidence: All evidence except eyewitness testimony.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Decedent: A deceased person.
  • Docket: A log containing brief entries of court proceedings.
  • Donor: The person who makes a gift.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Intestate: Dying without leaving a will.
  • juries: include courts or judges in all cases when a jury trial is waived, or when the court or judge is authorized to ascertain and determine the facts as well as the law. See Alabama Code 1-1-1
  • Legatee: A beneficiary of a decedent
  • Mistrial: An invalid trial, caused by fundamental error. When a mistrial is declared, the trial must start again from the selection of the jury.
  • oath: includes affirmation. See Alabama Code 1-1-1
  • Oath: A promise to tell the truth.
  • Open-end credit: A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services. The borrower is only billed for the amount that is actually borrowed plus any interest due. (Also called a charge account or revolving credit.) Source: OCC
  • Petit jury: A group of citizens who hear the evidence presented by both sides at trial and determine the facts in dispute. Federal criminal juries consist of 12 persons. Federal civil juries consist of six persons.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Recess: A temporary interruption of the legislative business.
  • Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
  • Subpoena: A command to a witness to appear and give testimony.
  • subscription: include a mark when the person cannot write, if his name is written near the mark, and witnessed by a person who writes his own name as a witness, and include with respect to corporate securities facsimile signature placed upon any instrument or writing with intent to execute or authenticate such instrument or writing. See Alabama Code 1-1-1
  • Testate: To die leaving a will.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Venue: The geographical location in which a case is tried.
  • Voir dire: The process by which judges and lawyers select a petit jury from among those eligible to serve, by questioning them to determine knowledge of the facts of the case and a willingness to decide the case only on the evidence presented in court. "Voir dire" is a phrase meaning "to speak the truth."