GroundRules
Ala. Code § 27-41-20: Particular Investments - Leased Line Obligations of Railroads; Terminal Obligations of Railroads and Other Common Carriers.
Where this section sits in the code
- Title 27 Insurance.
- Chapter 41 Investments of Domestic Insurers and Health Maintenance Organizations.
An insurer may invest in:
(1) Leased line obligations of railroads where all of the fixed interest-bearing obligations of the lessee meet the standards prescribed in Section 27-41-15.
(2) Terminal obligations of railroads and other common carriers where all of the fixed interest-bearing obligations of the obligor meet the standards prescribed in Section 27-41-15.
Collected 2026-09-03T14:01:51Z. Source file · JSON