{"data":{"id":"us-al/ala.-code-27-22-63","jurisdiction":"us-al","citation":"Ala. Code § 27-22-63","heading":"Failure to Provide Notice or to Release Insurance Proceeds.","body":"A lender who fails to provide notice as required by Section 27-22-61 or Section 27-22-62 or to release insurance proceeds as required by Section 27-22-62 shall pay to the insured interest at the rate of 10 percent per year on the proceeds held by the lender.","path":["Title 27 Insurance.","Chapter 22 Property Insurance Contracts.","Article 4 Insurance Payments to Lender."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=27-22-63","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:53Z","sha256":"e76a01d94929056b34d02552f294f62ed31033a8727ffb1fd786d83e4bd13125","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-27-22-62","next":"us-al/ala.-code-27-22-64"},"notice":"GroundRules: Original legal text. Not legal advice."}