{"data":{"id":"us-ak/as-21.36.170","jurisdiction":"us-ak","citation":"AS 21.36.170","heading":"Interlocking ownership, management.","body":"(a) An insurer may retain, invest in, or acquire the whole or a part of the capital stock of another insurer or insurers, or have a common management with another insurer or insurers, unless the retention, investment, acquisition, or common management is inconsistent with a provision of this title, or unless by reason thereof the business of the insurers with the public is conducted in a manner that substantially lessens competition generally in the insurance business or tends to create a monopoly.\n(b) A person otherwise qualified may be director of two or more insurers that are competitors, unless the effect is to lessen substantially competition between insurers generally or tends materially to create a monopoly.","path":["Title 21. Insurance.","Chapter 36. Trade Practices and Frauds."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.36.170","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"e6d578aaf2c1823553c772e31c1d7a6673811fbd50f1a346c16681c2fdde46e6","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.36.169","next":"us-ak/as-21.36.180"},"notice":"GroundRules: Original legal text. Not legal advice."}