Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.42. THE INSURANCE CONTRACT. |
Article 21.42.01. THE INSURANCE CONTRACT. |
Section 21.42.260. Renewal by certificate.
Latest version.
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An insurance policy terminating by its terms at a specified expiration date and not otherwise renewable, may be renewed or extended at the option of the insurer upon a currently authorized policy form and at the premium rate then required for the policy, for a specific additional period or periods by certificate or by endorsement of the policy, without requiring the issuance of a new policy.
Notes
History
(Sec. 1 ch 120 SLA 1966)