A manufacturer shall pay a properly submitted warranty claim of an authorized dealer within 30 days after receiving the claim from an authorized dealer. Unless a manufacturer issues a written notice of disapproval under AS 45.27.170 within the 30 days, if a manufacturer fails to pay a claim within 30 days after receipt, the failure is considered an acceptance of the claim as submitted, and the manufacturer shall pay the authorized dealer interest at the rate of 1.5 percent a month on the claim.
Section: Previous 45.27.100 45.27.110 45.27.120 45.27.130 45.27.140 45.27.150 45.27.160 45.27.170 45.27.180 45.27.190 45.27.200 45.27.210 45.27.220 NextLast modified: November 15, 2016