Alabama Code 27-3-29. Protection of state insurers against foreign discriminatory or onerous requirements
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Terms Used In Alabama Code 27-3-29
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- following: means next after. See Alabama Code 1-1-1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Personal property: All property that is not real property.
- personal property: includes money, goods, chattels, things in action and evidence of debt, deeds and conveyances. See Alabama Code 1-1-1
- property: includes both real and personal property. See Alabama Code 1-1-1
- state: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Alabama Code 1-1-1
- United States: includes the territories thereof and the District of Columbia. See Alabama Code 1-1-1
- writing: includes typewriting and printing on paper. See Alabama Code 1-1-1
If the insurer makes no such designation its domicile shall be deemed to be that state in which is located its principal place of business in the United States.