Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 12. Professional Regulations. |
Part 12.1. Boards and Commissions Subject to Centralized Licensing. |
Chapter 12.64. Real Estate Commission. |
Article 12.64.2. Licensing. |
Section 12.64.620. Suspension of license for nonpayment of premium.
Latest version.
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If a licensee's insurance company or master insurance policy issuer notifies the commission that a licensee has not paid a premium resulting in termination of coverage, the commission shall suspend any license under AS 08.88.161 held by that licensee as of the date of termination of coverage.
Authorities
08.88.071;08.88.081;08.88.171;08.88.172