GroundRules
Ala. Code § 27-41-22: Particular Investments - Loans Secured by Liens on Interests in Oil, Gas, or Condensate Properties, Etc.
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 adequately secured loans secured by first liens on interests in oil, gas, or condensate properties or leaseholds in the United States and Canada on which there are fully completed commercially producing wells.
Collected 2026-09-03T14:01:51Z. Source file · JSON