Section 27-31-12 - Bond of attorney of domestic insurer - Deposit in lieu thereof.

AL Code § 27-31-12 (2019) (N/A)
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In lieu of the bond required under Section 27-31-11, the attorney may maintain on deposit with the State Treasurer, through the office of the commissioner, a like amount in cash or in value of securities qualified for deposit under Section 27-6-3, and subject to the same conditions as the bond.