Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.75. RECIPROCAL AND COOPERATIVE INSURERS. |
Article 21.75.01. RECIPROCAL INSURERS. |
Section 21.75.070. Certificate of authority.
Latest version.
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(a) The certificate of authority of a reciprocal insurer shall be issued to its attorney-in-fact in the name of the insurer.
(b) The director may refuse, suspend, or revoke the certificate of authority, in addition to other grounds, for failure of the attorney-in-fact to comply with a provision of this title.
Notes
History
(Sec. 1 ch 120 SLA 1966)