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Alabama · Through Act 2026-611

Ala. Code § 27-38-5: Reserve Liability for Variable Contracts.

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Where this section sits in the code
  1. Title 27 Insurance.
  2. Chapter 38 Separate Accounts and Variable Annuities.

The reserve liability for variable contracts shall be established in accordance with actuarial procedures that recognize the variable nature of the benefits provided and any mortality guarantees.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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