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 3.25. Surplus Lines - Unauthorized Insurers. |
Section 3.25.070. Notice.
Latest version.
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(a) A nonadmitted insurer may not issue a notice of cancellation for nonpayment of premium until after the written notice requirement of AS 21.34.110 has been satisfied. (b) The written notice requirement of AS 21.34.110 may be satisfied by the surplus lines broker providing to the producing broker a pre-printed notice that contains the information required by AS 21.34.110, and the producing broker then providing the pre-printed notice to the insured at the time evidence of insurance is required by AS 21.34.100.
Authorities
21.06.090;21.34.100;21.34.110;21.34.130;21.34.250
Notes
Authority
AS 21.06.090 AS 21.34.100 AS 21.34.110 AS 21.34.130 AS 21.34.250History
Eff. 8/28/91, Register 119; am 6/11/2006, Register 178