Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.75. RECIPROCAL AND COOPERATIVE INSURERS. |
Article 21.75.01. RECIPROCAL INSURERS. |
Section 21.75.090. Modifications.
Latest version.
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Modifications of the terms of the subscribers' agreement or of the power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney-in-fact and the subscribers' advisory committee. A modification may not be effective retroactively, or apply to an insurance contract issued before the modification.
Notes
History
(Sec. 1 ch 120 SLA 1966; am Sec. 192 ch 67 SLA 1992)