Ala. Code § 27-41-21: Particular Investments - Obligations of Religious Institutions or Societies.
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 secured and unsecured obligations of religious institutions or societies located within the United States if the institution or society has not defaulted in payment of principal or interest on any of its obligations during the five years preceding the investment.
Collected 2026-09-03T14:01:51Z. Source file · JSON