Alabama § 27-27-2 - Applicability of Chapter.
Full text of Alabama Code of Alabama § 27-27-2 — Applicability of Chapter., with citation guidance and answers to common questions.
§ 27-27-2. Applicability of Chapter.
This chapter shall apply only to domestic stock insurers and domestic mutual insurers; except, that:
(1) Sections 27-27-4 through 27-27-14, relative to sale of securities or other financing of insurers or insurance operations, and subsection (b) of Section 27-27-24 shall also apply as to foreign and alien insurers; and
(2) This chapter shall be applicable as to mutual aid associations as stated in Chapter 30 of this title and as to fraternal benefit societies as stated in Chapters 34 and 35 of this title.
Frequently Asked Questions About Alabama § 27-27-2
What does Code of Alabama § 27-27-2 cover?
Section 27-27-2 ("Applicability of Chapter.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 27-27-2?
A common citation format is "Code of Alabama § 27-27-2" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 27-27-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.