Section 27-6-12Rights of solvent insurers.
So long as the insurer remains solvent and is in compliance with this title, it may:
(1) Demand, receive, maintain actions for, and recover the income from the securities or assets deposited;
(2) Exchange and substitute for the deposited securities or assets, or any part thereof, other eligible securities and assets of equivalent or greater value; and
(3) At any reasonable time, inspect any such deposit.
(Code 1940, T. 28, §73; Acts 1971, No. 407, p. 707, §108.)