§ 27-35-1 Conversion into stock or mutual life insurance company – Authority; how effected
§ 27-35-2 Conversion into stock or mutual life insurance company – Plan of conversion; approval or disapproval thereof
§ 27-35-3 Conversion into stock or mutual life insurance company – Notice to subordinate lodges or branches
§ 27-35-4 Conversion into stock or mutual life insurance company – Ratification or amendment of articles of incorporation – Generally
§ 27-35-5 Conversion into stock or mutual life insurance company – Ratification or amendment of articles of incorporation – Filing
§ 27-35-6 Conversion into stock or mutual life insurance company – Certificates of incorporation and authority
§ 27-35-7 Conversion into stock or mutual life insurance company – Provisions for certificate holders to subscribe to stock
§ 27-35-8 Conversion into stock or mutual life insurance company – Completion; effect
§ 27-35-9 Conversion into stock or mutual life insurance company – Preservation of debts, liabilities, and duties
§ 27-35-10 Conversion into stock or mutual life insurance company – Obligation to holders of policies or certificates; pending actions
§ 27-35-11 Conversion into stock or mutual life insurance company – Separate record of premiums; exemption from premium taxes

Terms Used In Alabama Code > Title 27 > Chapter 35 - Conversion of Fraternal Benefit Societies

  • bingo: That game commonly known as bingo where numbers or symbols on a card or paper sheet are matched with numbers or symbols selected at random. See Alabama Code 45-49-150.01
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • person: Any human being, corporation, association, or other legal entity. See Alabama Code 45-49-150.01
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.