Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.09. AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS. |
Section 21.09.030. Admission for investment only.
Latest version.
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A foreign insurer may transact business in this state without a certificate of authority, for the purpose and to the extent only of investing its funds in real estate in this state or in securities secured thereby by complying with the applicable laws of this state other than this title. Such an insurer is not subject to any other provision of this title.
Notes
History
(Sec. 1 ch 120 SLA 1966)