Section 21.09.250. Prohibited acts.

Latest version.

An insurer doing business in this state may not make, write, place, or cause to be made, written, or placed in this state a policy, duplicate policy, or contract of insurance of any kind or character, or general or floating policy upon persons or property resident, situated, or located in this state, from or through a person required to be licensed who has not secured a license in this state. An insurer may not pay a commission or any form of remuneration to a person, firm, or organization for the writing or placing of insurance coverage in this state unless that person, firm, or organization holds a license issued by the director.

Authorities

21.09.260

Notes

References

AS 21.09.260 Penalties.

History

(Sec. 1 ch 120 SLA 1966; am Sec. 2 ch 29 SLA 1987; am Sec. 15 ch 62 SLA 1995)

                    
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