Ala. Code
Code of Alabama

Ala. Code § 27-32-2 (2026)

Purpose of Chapter; Construction Thereof.

✓ official Alabama Legislature (ALISON) text, laws through the 2026 Regular Session
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The purpose of this chapter is to promote effectiveness, economy, and uniformity in the rehabilitation, reorganization, conservation, and liquidation of insurers doing business in this state. It is intended that this chapter shall be liberally construed to the end so far as possible that the assets of such insurers shall be effectively conserved and that, in the case of insurers transacting business in more than one state, claimants against the insurer shall receive equal and uniform treatment irrespective of residence or the place of the acts or contracts upon which their claims are based.

(Acts 1971, No. 407, p. 707, §620.)

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2014–2024 · leading case: Pennsylvania Nat'l Mut. Cas. Ins. v. Snider, 996 F. Supp. 2d 1173 (M.D. Ala. 2014).
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Pennsylvania Nat'l Mut. Cas. Ins. v. Snider, 996 F. Supp. 2d 1173 (M.D. Ala. 2014). · cites it 2× “With leave of Court, the Sniders then filed a late answer to Penn National’s amended complaint and, under Ala.Code § 27-32-2, asserted a “direct action” counterclaim and crossclaim against Penn National and the Beale Defendants, respectively, for recovery of the $700,000…”
Corner Stone Funeral Chapel, Inc. v. MVMG, LLC, 170 So. 3d 626 (Ala. 2014). · cites it 2× “§ 27-32-2, Ala. Code 1975. 25 1130604 However, although the relevant statutes are unambiguous, the majority opinion instead adopts the viewpoint that the trial court is empowered to simply decide what "is in the best interest of those concerned" and considers all "those…”
B. v. Barrow, No. 4:22-cv-01314 (N.D. Ala. Aug. 29, 2024). · cites it 2× “The federal cases The umbrella policy also contained conditions, including this two- part notice requirement: 4 Ala. Code § 27-32-2 states: “Upon the recovery of a final judgment .”
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