GroundRules
AS 21.09.260: Penalties.
Where this section sits in the code
- Title 21. Insurance.
- Chapter 09. Authorization, Corporate Governance Requirements.
An insurer that the director determines, following an appropriate hearing as provided in AS 21.06.170 — 21.06.230, has violated the provisions of AS 21.09.250 is subject to a civil penalty of not more than $2,500 for each violation. The director may suspend or revoke the license of the insurer for a violation of AS 21.09.250, but violation does not invalidate the insurance contract.
Collected 2026-09-02T06:17:40Z. Source file · JSON