{"data":{"id":"us-ak/as-42.06.280","jurisdiction":"us-ak","citation":"AS 42.06.280","heading":"Insurance and security.","body":"The commission may require a lessee to procure and furnish liability and property damage insurance from a company licensed to do business in the state or furnish other security or undertaking upon the terms and conditions the commission considers necessary if the commission finds that the net assets of the lessee are insufficient to protect the public from damage for which the lessee may be liable arising out of the construction or operation of the pipeline.","path":["Title 42. Public Utilities and Carriers and Energy Programs.","Chapter 06. Pipeline Act.","Article 2. Certificate of Public Convenience and Necessity."],"source_url":"https://www.akleg.gov/basis/statutes.asp#42.06.280","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:21Z","sha256":"9b5335d5513bcb29ec40902a02393606410fa375775e07877339c50bcec747c3","source_id":"us-ak","stale":false,"prev":"us-ak/as-42.06.270","next":"us-ak/as-42.06.285"},"notice":"GroundRules: Original legal text. Not legal advice."}
