Alabama § 27-32-9 - Grounds - Conservation of Assets - Alien Insurers.
Full text of Alabama Code of Alabama § 27-32-9 — Grounds - Conservation of Assets - Alien Insurers., with citation guidance and answers to common questions.
§ 27-32-9. Grounds - Conservation of Assets - Alien Insurers.
The commissioner may apply to the court for an order appointing him as receiver, or ancillary receiver, and directing him to conserve the assets within this state of any alien insurer upon any of the following grounds:
(1) Upon any of the grounds specified in Sections 27-32-6 or 27-32-7;
(2) Upon the ground that the insurer has failed to comply, within the time designated by the commissioner, with an order made by him to make good an impairment of its trusteed funds; or
(3) Upon the ground that the property of the insurer has been sequestrated in its domiciliary sovereignty or elsewhere.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-32-9
What does Code of Alabama § 27-32-9 cover?
Section 27-32-9 ("Grounds - Conservation of Assets - Alien Insurers.") 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 § 27-32-9?
A common citation format is "Code of Alabama § 27-32-9" (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 § 27-32-9 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.