Alabama Code (Last Updated: November 28, 2014) |
Title27 INSURANCE. |
Chapter41. INVESTMENTS OF LIFE, DISABILITY AND BURIAL INSURANCE COMPANIES. |
§27-41-7. Particular investments - Bonds, notes, etc., of United States.
Latest version.
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An insurer may invest in bonds, notes, warrants, debentures, and other evidences of indebtedness which are direct obligations of the United States of America for which the full faith and credit of the United States of America is pledged for the payment of principal and interest.