Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.27. PRODUCERS, AGENTS, ADMINISTRATORS, BROKERS, ADJUSTERS, AND MANAGERS. |
Article 21.27.01. LICENSING. |
Section 21.27.460. Return of license.
Latest version.
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(a) A license issued under this chapter is the property of the state. Within 10 days of an order or notice of nonrenewal, suspension, or revocation of the license, the licensee or other person having possession or custody of the license shall deliver it to the director either personally or by certified mail.
(b) If a license is lost, stolen, or destroyed while in the possession of the licensee or person, the director may accept, in lieu of the return of the license, an affidavit of the licensee or other person responsible for or involved in the safekeeping of the license concerning the facts of the loss, theft, or destruction.
(c) Upon a change in the state of residence, a place of business, a mailing address, or in the compliance officer of a firm, a license subject to the change shall be surrendered to the director within 10 days either personally or by certified mail and the division shall reissue the license reflecting the changes if the licensee continues to satisfy the qualifications under this chapter.
Authorities
21.27.380
Notes
Implemented As
3 AAC 31.340
3 AAC 31.355
References
3 AAC 31.340
3 AAC 31.355
AS 21.27.380 License renewal, expiration, and reinstatement.
History
(Sec. 1 ch 120 SLA 1966; am Sec. 30 ch 29 SLA 1987; am Sec. 42 ch 51 SLA 1990; am Sec. 92, 93 ch 67 SLA 1992; am Sec. 43 ch 81 SLA 2001)