Alabama § 27-3-6 - Authority to Transact Insurance - Kind or Combinations of Kinds - Restrictions.
Full text of Alabama Code of Alabama § 27-3-6 — Authority to Transact Insurance - Kind or Combinations of Kinds - Restrictions., with citation guidance and answers to common questions.
§ 27-3-6. Authority to Transact Insurance - Kind or Combinations of Kinds - Restrictions.
An insurer which otherwise qualifies therefor may be authorized to transact any one kind or combination of kinds of insurance as defined in Chapter 5 of this title, except:
(1) A life insurer may grant annuities and shall be authorized to transact in addition only disability insurance, and no insurer shall be authorized to transact life insurance in this state which transacts anywhere any kind of insurance in addition to life and disability insurances and annuities; except, that the commissioner shall, if the insurer otherwise qualifies therefor, continue to so authorize any life insurer which, immediately prior to the effective date of this title, was lawfully authorized to transact in this state a kind or kinds of insurance in addition to life and disability;
(2) A reciprocal or Lloyd’s plan insurer shall not transact life insurance; and
(3) A title insurer shall be a stock insurer and shall transact no other kind of insurance; except, that the commissioner may continue to so authorize any insurer which immediately prior to the effective date of this title was lawfully authorized to transact and was lawfully writing in this state a kind, or kinds, of insurance in addition to title insurance.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-3-6
What does Code of Alabama § 27-3-6 cover?
Section 27-3-6 ("Authority to Transact Insurance - Kind or Combinations of Kinds - Restrictions.") 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 § 27-3-6?
A common citation format is "Code of Alabama § 27-3-6" (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 § 27-3-6 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.