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 3.29. Property, Casualty, and Related Insurance. |
Article 3.29.2. Rate and Rating Plan Filings. |
Section 3.29.335. Compulsory participation prohibited.
Latest version.
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An insurer may not sell insurance through a group-marketed plan if (1) the purchase of insurance through the group-marketed plan is a condition of employment or of membership in an association, organization, or other group; or (2) an employee or a member may be penalized for nonparticipation in the group-marketed plan.
Authorities
21.06.090;21.36.080