Alaska Statutes Sec. 21.09.245 - Required Notice

(a) If an insurer intends to change the insurer's name, domicile, or other information provided on the certificate of authority, the insurer shall file a notice of the change with the director within 30 days before or after the intended change takes effect.

(b) If an insurer changes the insurer's articles of incorporation, bylaws, business address, phone number, electronic mailing address, or other information maintained by the director, the insurer shall file a notice of the change with the director not later than 90 days after the effective date of the change.

(c) Failure by an insurer to provide notification required by this section may result in a civil penalty of up to $1,000 and, additionally, a civil penalty of up to $50 for each day that the information is withheld from the director.

Section: Previous  21.09.190  21.09.200  21.09.205  21.09.207  21.09.210  21.09.220  21.09.242  21.09.245  21.09.247  21.09.250  21.09.260  21.09.270  21.09.280  21.09.290  21.09.300  Next

Last modified: November 15, 2016