GroundRules
Ala. Code § 27-3-9: Minimum Capital and Surplus for New Domestic Stock Life Insurance Company.
Where this section sits in the code
- Title 27 Insurance.
- Chapter 3 Authorization of Insurers.
The minimum capital required to form and organize a new domestic stock life insurance company shall be $1,000,000.00, and in addition thereto the minimum surplus to form such a company shall be $1,000,000.00.
Collected 2026-09-03T14:01:51Z. Source file · JSON