Section 3.28.190. Definitions.

In 3 AAC 28.010 - 3 AAC 28.180  
		(1) "agent" means any person, corporation, partnership, or other legal entity which under the laws of this state is licensed as a life insurance agent, solicitor, general agent, broker, or life insurance broker;  
		(2) "director" means the director of the division of insurance;  
		(3) "division" means the division of insurance, Department of Commerce;  
		(4) "NAIC" means the National Association of Insurance Commissioners;  
		(5) "variable contract" shall mean any policy or contract which provides for insurance or annuity benefits which may vary according to the investment experience of any separate account or accounts maintained by the insurer as to such policy or contract;  
		(6) "variable contract agent" shall mean an agent who shall sell or offer to sell any variable contract.  

Authorities

21.06.090;21.42.315;01.05.031;21.42.370;44.62.125

Notes

Reference

3 AAC 28.010
3 AAC 31.300

Authority

AS 21.06.090 AS 21.42.315 Editor's note: In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.42.370 as AS 21.42.315. 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 28.190, so that the citation to former AS 21.42.370 now refers to the renumbered statute, AS 21.42.315. ________________________

History

Eff. 11/8/73, Register 48; am 3/31/82, Register 81

References

3.28.190