Section 27-27-59 Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Applicability of Sections 27-27-53 through 27-27-55.
Sections 27-27-53 through 27-27-55 do not apply to equity securities of a domestic stock insurance company if the securities are registered or required to be registered under Section 12 of the Securities Exchange Act of 1934, or if the company does not have a class of equity securities held of record by 100 or more per
AI-assisted research synopsis — verify against the official legal text below.
- Jurisdiction
- United States — Alabama
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
Sections 27-27-53 through 27-27-55 do not apply to equity securities of a domestic stock insurance company if the securities are registered or required to be registered under Section 12 of the Securities Exchange Act of 1934, or if the company does not have a class of equity securities held of record by 100 or more persons at the relevant prior year-end.
Ask AI about this statute
Section 27-27-59 Insider Trading of Domestic Stock Insurer Equity Securities - Equity Securities - Applicability of Sections 27-27-53 through 27-27-55.
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in