Section 21.14.040. Authorized control level event.  


Latest version.
  • 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)