Alabama § 27-35-9 - Conversion into Stock or Mutual Life Insurance Company - Preservation of Debts, Liabilities, and Duties.
Full text of Alabama Code of Alabama § 27-35-9 — Conversion into Stock or Mutual Life Insurance Company - Preservation of Debts, Liabilities, and Duties., with citation guidance and answers to common questions.
§ 27-35-9. Conversion into Stock or Mutual Life Insurance Company - Preservation of Debts, Liabilities, and Duties.
Rights of creditors and all liens upon the property of the former fraternal benefit society shall be preserved unimpaired after the society’s conversion, and the former fraternal benefit society shall be deemed to continue in existence in order to preserve the same; and all debts, liabilities, and duties of the former fraternal benefit society shall thenceforth attach to the reorganized and converted corporation and may be enforced against it to the same extent as if said debts, duties, and liabilities had been incurred or contracted by it.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-35-9
What does Code of Alabama § 27-35-9 cover?
Section 27-35-9 ("Conversion into Stock or Mutual Life Insurance Company - Preservation of Debts, Liabilities, and Duties.") 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 § 27-35-9?
A common citation format is "Code of Alabama § 27-35-9" (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 § 27-35-9 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.