Alaska Statutes Title 06, Chapter 06.40, Article 02 - Operations

• Sec. 06.40.090 Misleading Statements Prohibited; Disclosure of Interest Rate.
  (a) A person may not advertise, print, display, publish, distribute, or broadcast, or cause or permit to be advertised, printed, displayed, published, distributed, or...
• Sec. 06.40.100 Record Keeping; Examination of Records; Report.
  (a) A licensee shall maintain records of its premium finance transactions, including the insurance agents through which the licensee provides loans to residents of...
• Sec. 06.40.110 Contents of Premium Finance Agreement; Deficiency Balances.
  (a) A premium finance agreement must(1) be dated, signed by the borrower, and the printed portion of it shall be in at least eight-point...
• Sec. 06.40.120 Service Charge; Interest Rate; Prepayment.
  (a) A premium finance company may not charge, contract for, receive, or collect a service charge other than as permitted by this chapter.(b) The...
• Sec. 06.40.130 Delinquency Charge; Separate Financing.
  (a) A premium finance agreement may provide for the payment by the borrower of a delinquency charge for any payment that is in default...
• Sec. 06.40.140 Cancellation of Policy.
  (a) When a premium finance agreement contains a power of attorney enabling the licensee to cancel the insurance policy listed in the agreement, the...
• Sec. 06.40.150 Return of Unearned Premiums.
  (a) If a financed insurance policy is cancelled and provided the insurer has been notified of the assignment of interest of the insured to...

Last modified: November 15, 2016