{"data":{"id":"us-ak/as-21.09.260","jurisdiction":"us-ak","citation":"AS 21.09.260","heading":"Penalties.","body":"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.","path":["Title 21. Insurance.","Chapter 09. Authorization, Corporate Governance Requirements."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.09.260","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"615855887dc464417343c1ef153a5862685aa271c46fb723d57c53714eb8bf14","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.09.250","next":"us-ak/as-21.09.270"},"notice":"GroundRules: Original legal text. Not legal advice."}