Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.21. Insurer - Financial. |
Article 3.21.2. Investments. |
Section 3.21.276. Policy loans for a life and health insurer.
Latest version.
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A life and health insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve that the life and health insurer is required to maintain on the policy.
Authorities
21.06.090;21.18.010;21.18.030;21.18.040;21.21.010;21.21.020;21.21.255;21.21.420
Notes
Authority
AS 21.06.090 AS 21.18.010 AS 21.18.030 AS 21.18.040 AS 21.21.010 AS 21.21.020 AS 21.21.255 AS 21.21.420History
Eff. 12/28/2001, Register 160