Alaska Statutes (Last Updated: January 11, 2017)

Section 21.33.065. Penalties.

Latest version.

   (a) A person other than an insured, who in this state represents or aids a nonadmitted insurer in violation of AS 21.33.037, is subject to a civil penalty of not more than $50,000 in addition to applicable criminal penalties and other penalties prescribed in this title.
   (b) In addition to any other penalty provided, a person who violates a provision of this chapter is subject to a civil penalty of not more than $10,000 for the first offense and not more than $100,000 for each succeeding violation.
   (c)   [Repealed, Sec. 223 ch 67 SLA 1992].

Authorities

21.33.037

Notes

References

AS 21.33.037 Acting for or aiding nonadmitted insurers prohibited.

History

(Sec. 1 ch 234 SLA 1968; am Sec. 19 ch 117 SLA 1984; am Sec. 113, 114, 223 ch 67 SLA 1992)

                    
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