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Section 27-32-4 Delinquency Proceedings - Commencement; Grant Or Denial Of Application.

Section 27-32-4

Delinquency proceedings - Commencement; grant or denial of application.

The commissioner shall commence any such proceedings by application to the court for an order directing the insurer to show cause why the commissioner should not have the relief requested. On the hearing of such order to show cause, the court shall either deny the application or grant the application, together with such other relief as the nature of the case and the interests of the policyholders, creditors, stockholders, members, subscribers, or the public may require.

(Acts 1971, No. 407, p. 707, §623.)

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Local Government
Alabama
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Kay Ivey
Kay Ivey
April 10, 2017 -
Republican
1-334-242-3935
600 Dexter Ave., Montgomery, AL, 36104

Keywords
application
relief
proceedings
cause
directing
requested
insurer
commence
grant
policyholders