The deposits shall be held for purposes as follows:
(1) deposits made in this state under AS 21.09.090 shall be held for the purpose stated in that section;
(2) a deposit made in this state by a domestic insurer transacting insurance in another state, province, or country, in accordance with the laws of the other state, province, or country, shall be held for the protection of all creditors or for the other purpose or purposes that may be specified under those laws;
(3) deposits required under AS 21.09.270 shall be held for the purposes required by the retaliatory law and specified in the director's order requiring the deposit to be made.
Section: Previous 21.24.010 21.24.020 21.24.030 21.24.040 21.24.050 21.24.060 21.24.070 21.24.080 21.24.090 21.24.100 21.24.110 21.24.120 21.24.130 NextLast modified: November 15, 2016