§ 27-29-1 Definitions
§ 27-29-2 Subsidiaries and affiliates of domestic insurers
§ 27-29-3 Acquisition of control of, or merger with, domestic insurers
§ 27-29-3.1 Acquisition involving change in control of insurer authorized to do business in Alabama; pre-acquisition notification; violation of competitive standards
§ 27-29-4 Registration of insurers
§ 27-29-5 Transactions of insurers with affiliates; adequacy of surplus; dividends and other distributions
§ 27-29-6 Registered insurers – Examination of records, etc., of insurer or affiliates
§ 27-29-6.1 Registered insurers – Supervisory colleges
§ 27-29-6.2 Group-wide supervisor for internationally active insurance group
§ 27-29-7 Confidentiality of documents, materials, or other information; powers of commissioner; disclosure and sharing of documents, etc
§ 27-29-8 Rules, regulations, and orders
§ 27-29-9 Injunctions; prohibitions against voting securities; sequestration of voting securities
§ 27-29-10 Violations and penalties; criminal proceedings
§ 27-29-11 Delinquency proceedings and rehabilitation
§ 27-29-11.1 Recovery rights of receivers
§ 27-29-12 Suspension, revocation or nonrenewal of insurer’s license or authority to do business
§ 27-29-13 Judicial review of actions by commissioner; petition for mandamus against same
§ 27-29-14 Short title

Terms Used In Alabama Code > Title 27 > Chapter 29

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Civil forfeiture: The loss of ownership of property used to conduct illegal activity.
  • Cross examine: Questioning of a witness by the attorney for the other side.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • oath: includes affirmation. See Alabama Code 30-3D-608
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • personal property: includes money, goods, chattels, things in action and evidence of debt, deeds and conveyances. See Alabama Code 30-3D-608
  • Quorum: The number of legislators that must be present to do business.
  • Sequester: To separate. Sometimes juries are sequestered from outside influences during their deliberations.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • United States: includes the territories thereof and the District of Columbia. See Alabama Code 30-3D-608