Alabama § 27-41-41 - Only Eligible Investments to Be Counted as Admitted Assets; Treatment of Investments Partially Qualifying as Eligible Investments.
Full text of Alabama Code of Alabama § 27-41-41 — Only Eligible Investments to Be Counted as Admitted Assets; Treatment of Investments Partially Qualifying as Eligible Investments., with citation guidance and answers to common questions.
§ 27-41-41. Only Eligible Investments to Be Counted as Admitted Assets; Treatment of Investments Partially Qualifying as Eligible Investments.
Except as expressly prohibited in Section 27-41-36, an insurer may make any investment without limit as to kind, time, or amount, but only eligible investments shall be included or counted as admitted assets of the insurer in the determination of its financial condition.
If part of an investment qualifies as an eligible investment under any provision of this act and part does not, then only the part of the investment so qualifying shall be counted as an admitted asset.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-41-41
What does Code of Alabama § 27-41-41 cover?
Section 27-41-41 ("Only Eligible Investments to Be Counted as Admitted Assets; Treatment of Investments Partially Qualifying as Eligible Investments.") 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 § 27-41-41?
A common citation format is "Code of Alabama § 27-41-41" (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 § 27-41-41 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.