Alabama Code > Title 27 > Chapter 2 > Article 2 – Receivership Division


§ 27-2-50	Established; appointment, term of office, and compensation of chief
§ 27-2-51	Bond of chief
§ 27-2-52	Offices, equipment, and personnel; operating expenses
§ 27-2-53	Appointment of chief as receiver – Generally
§ 27-2-54	Appointment of chief as receiver – Existing receiverships
§ 27-2-55	Assumption by receiver of certain former powers, duties, etc., of commissioner

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
circuit: means judicial circuit. See Alabama Code 1-1-1
following: means next after. See Alabama Code 1-1-1
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.
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