Statutes > Alabama Statutes > Title 27 — INSURANCE. > Chapter 33 — TRUSTEED ASSETS OF ALIEN INSURERS. > Section 27-33-6 Trust agreement - Authority to make and execute.

Section 27-33-6 Trust agreement - Authority to make and execute.

Section 27-33-6

Trust agreement - Authority to make and execute.

An alien insurer proposing to use Alabama as a state of entry to transact insurance in the United States, whether or not it is then authorized to transact insurance in this state, is authorized to make and execute any trust agreement required by this chapter.

(Acts 1971, No. 407, p. 707, §661.)