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;

Terms Used In Alabama Code 27-6-1

  • following: means next after. 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
(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.
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