{"data":{"id":"us-ak/as-21.57.150","jurisdiction":"us-ak","citation":"AS 21.57.150","heading":"Penalties.","body":"(a) In addition to any other penalty provided by law, a person licensed under AS 21.27 that the director determines under AS 21.06.170 — 21.06.240 has violated the provisions of this chapter is subject to\n(1) a civil penalty equal to the compensation promised, paid, or to be paid, directly or indirectly, to the licensee in regard to a violation;\n(2) either a civil penalty of not more than $10,000 for a violation or, if the director determines that the person wilfully violated the provisions of this chapter, a civil penalty of not more than $25,000 for a violation; and\n(3) denial, nonrenewal, suspension, or revocation of a license.\n(b) In addition to any other penalty provided by law, an insurer that the director determines under AS 21.06.170 — 21.06.240 has violated the provisions of this chapter is subject to\n(1) a civil penalty equal to the premium earned, directly or indirectly, by the insurer in regard to a violation;\n(2) either a civil penalty of not more than $10,000 for a violation or, if the director determines that the insurer wilfully violated the provisions of this chapter, a civil penalty of not more than $25,000 for a violation; and\n(3) denial, suspension, or revocation of a certificate of authority.\n(c) In addition to any other penalty provided by law, any person that the director determines under AS 21.06.170 — 21.06.240 has violated the provisions of this chapter is subject to\n(1) either a civil penalty of not more than $10,000 for a violation or, if the director determines that the person wilfully violated the provisions of this chapter, a civil penalty of not more than $25,000 for a violation; and\n(2) denial of a license.","path":["Title 21. Insurance.","Chapter 57. Consumer Credit Insurance."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.57.150","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"fd82d18d271de70e6ba1b4e5c34337c6c2254ec68f7f8555469eb741707de214","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.57.140","next":"us-ak/as-21.57.160"},"notice":"GroundRules: Original legal text. Not legal advice."}