Alabama § 27-6-1 - Deposits of Insurers - Authorized Deposits.
Full text of Alabama Code of Alabama § 27-6-1 — Deposits of Insurers - Authorized Deposits., with citation guidance and answers to common questions.
§ 27-6-1. Deposits of Insurers - Authorized Deposits.
The following deposits of insurers, when made through the commissioner, shall be accepted and held and shall be subject to the provisions of this chapter:
(1) Deposits required under this title for authority to transact insurance in this state;
(2) Deposits of domestic insurers when made pursuant to the laws of other states, provinces, and countries as requirement for authority to transact insurance in such state, province, or country;
(3) Deposits of reserves made by domestic life insurers under laws heretofore in force; and
(4) Deposits in such additional amounts as are permitted to be made under Section 27-6-11.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 27-6-1
What does Code of Alabama § 27-6-1 cover?
Section 27-6-1 ("Deposits of Insurers - Authorized Deposits.") 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 § 27-6-1?
A common citation format is "Code of Alabama § 27-6-1" (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 § 27-6-1 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.