{"data":{"id":"us-al/ala.-code-27-6-8","jurisdiction":"us-al","citation":"Ala. Code § 27-6-8","heading":"Securities and Assets - Authority to Sell; Exception.","body":"The commissioner shall exercise the power granted by the power of attorney provided for in Section 27-6-7 or otherwise sell any security or asset under any assignment, transfer or conveyance pursuant to Section 27-6-6, only pursuant to, and in accordance with, an order of a court of competent jurisdiction in a proper proceeding or action to which the insurer owning such securities or assets is a party. This section shall not apply as to the special deposits of surety insurers which are subject to Section 27-6-13.","path":["Title 27 Insurance.","Chapter 6 Administration of Deposits."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=27-6-8","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:51Z","sha256":"82507b5f04612b06378f8c478c85b5a833d21bf2c9f650a19d65b642cae118e3","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-27-6-7","next":"us-al/ala.-code-27-6-9"},"notice":"GroundRules: Original legal text. Not legal advice."}
