Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.06. THE DIRECTOR OF INSURANCE. |
Section 21.06.190. Stay of action.
Latest version.
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(a) Except as provided in AS 21.27.420(d), a demand for a hearing received by the director before the effective date of an order issued or within 10 days after an order is delivered stays the effectiveness of the order pending the hearing and an order made thereon, except as to action taken or proposed under an order
(1) on hearing;
(2) under and supplemental to an order on hearing; or
(3) based upon impairment of assets or unsound financial condition of an insurer.
(b) If an automatic stay is not provided for and the director after receipt of a written request for a stay fails to grant it, the person aggrieved may apply to the superior court for a stay of the director's proposed action.
Authorities
21.27.420;21.59.200;21.86.200
Notes
References
AS 21.27.420 Procedure for suspending, revoking, or conditioning a license.
AS 21.59.200 Examination, investigations, enforcement, and penalties.
AS 21.86.200 Administrative procedures.
History
(Sec. 1 ch 120 SLA 1966; am Sec. 4 ch 30 SLA 2009)