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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.23. Producers, Managing General Agents, Surplus Lines Brokers, Reinsurance Intermediary Managers, Reinsurance Intermediary Brokers, Third Party Administrators, and Independent Adjusters. |
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Article 3.23.1. Licensing Requirements. |
Section 3.23.850. Unclaimed collateral; excess collateral; excess payment of premium.
Latest version.
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If collateral, excess collateral on forfeiture, or excess payment of premium being held by a licensee or surety is not claimed or taken away within one year after the termination of liability under the bail bond, the licensee or surety shall treat the collateral, excess collateral, or excess payment, in the manner provided in AS 34.45, the Uniform Unclaimed Property Act.
Authorities
21.06.090;21.27.360;21.36.120;21.36.125;21.36.360;01.05.031;21.36.350;44.62.125
Notes
Authority
AS 21.06.090 AS 21.27.360 AS 21.36.120 AS 21.36.125 AS 21.36.360 Editor's note: In 2010 the revisor of statutes, acting under AS 01.05.031, redesignated former AS 21.36.350 as AS 21.36.125(c). As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to the authority citation that follows 3 AAC 23.850, deleting the citation to former AS 21.36.350 to reflect that the authority citation already includes a citation to AS 21.36.125, the section where material formerly in AS 21.36.350 was relocated.History
Eff. 12/18/82, Register 124
References
3.23.850