Code of Alabama - Title 27: Insurance - Section 27-2-36 - Order of supervision - Effect on rehabilitation, liquidation, and delinquency proceedings

Section 27-2-36 - Order of supervision - Effect on rehabilitation, liquidation, and delinquency proceedings.

The provisions of Chapter 32 of this title concerning rehabilitation and liquidation shall not be stayed during the period of supervision and the commencement of delinquency proceedings under Section 27-32-4, may commence either before, during or after a supervision order or period of supervision.

(Acts 1975, No. 217, p. 742, §4; Acts 1977, No. 409, p. 547, §5.)

Last modified: May 3, 2021