Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.14. RISK BASED CAPITAL FOR INSURERS. |
Section 21.14.040. Authorized control level event.
Latest version.
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If an authorized control level event occurs, the director shall take the action necessary
(1) under AS 21.14.030(a) against the insurer; or
(2) to place the insurer under regulatory control under AS 21.78.
Authorities
21.78.040
Notes
Recent Bills that will modify this
HB 164 INSURANCE; RISK MG'T; HOLDING COMPANIES
SB 107 INSURANCE; RISK MG'T; HOLDING COMPANIES
References
AS 21.78.040 Grounds for rehabilitation.
History
(Sec. 1 ch 76 SLA 1994; am Sec. 19 ch 62 SLA 1995; am Sec. 3 ch 34 SLA 2015)