{"data":{"id":"us-ak/as-21.75.055","jurisdiction":"us-ak","citation":"AS 21.75.055","heading":"Surplus funds for cooperative insurers.","body":"A cooperative insurer organized under AS 21.75.300 — 21.75.330, if it has otherwise complied with the applicable provisions of this chapter, may be authorized to transact insurance if it has and maintains surplus funds equal to one-half of the capital required for a domestic reciprocal insurer under AS 21.75.050(a) and such additional surplus as the director considers sufficient.","path":["Title 21. Insurance.","Chapter 75. Reciprocal and Cooperative Insurers."],"source_url":"https://www.akleg.gov/basis/statutes.asp#21.75.055","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:17:40Z","sha256":"a51aaf68670d846fcc7984065c892acd0e61f562053761ade82ea0ec85b56306","source_id":"us-ak","stale":false,"prev":"us-ak/as-21.75.050","next":"us-ak/as-21.75.060"},"notice":"GroundRules: Original legal text. Not legal advice."}