(a) Except as provided in AS 21.27.420 (d), a demand for a hearing received by the director before the effective date of an order issued or within 10 days after an order is delivered stays the effectiveness of the order pending the hearing and an order made thereon, except as to action taken or proposed under an order
(1) on hearing;
(2) under and supplemental to an order on hearing; or
(3) based upon impairment of assets or unsound financial condition of an insurer.
(b) If an automatic stay is not provided for and the director after receipt of a written request for a stay fails to grant it, the person aggrieved may apply to the superior court for a stay of the director's proposed action.
Section: Previous 21.06.130 21.06.140 21.06.150 21.06.160 21.06.165 21.06.170 21.06.180 21.06.190 21.06.200 21.06.210 21.06.220 21.06.230 21.06.240 21.06.250 21.06.255 NextLast modified: November 15, 2016