Alabama § 27-30-21 - Accounts and Records.
Full text of Alabama Code of Alabama § 27-30-21 — Accounts and Records., with citation guidance and answers to common questions.
§ 27-30-21. Accounts and Records.
(a) Every mutual aid association shall keep complete and accurate accounts and records of its affairs and transactions, in accordance with the usual and accepted methods and principles of insurance accounting and record keeping as applicable to the kind of business transacted by the association.
(b) All such accounts and records of a mutual aid association shall be kept in the principal offices of the association located in this state and be available for inspection thereat by the commissioner on any general business day.
(c) The commissioner may suspend or revoke the certificate of authority of any association found by him to be in violation of this section.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-30-21
What does Code of Alabama § 27-30-21 cover?
Section 27-30-21 ("Accounts and Records.") 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 § 27-30-21?
A common citation format is "Code of Alabama § 27-30-21" (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 § 27-30-21 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.