3 Alaska Admin. Code § 21.080

Current through September 25, 2024
Section 3 AAC 21.080 - Acquisition of AS 21.22.010 (j) insurers
(a) If the person being acquired is a domestic insurer solely because of the provisions of AS 21.22.010(j), the name of the domestic insurer on the cover page must be indicated substantially as in the following example: "ABC Insurance Company, a subsidiary of XYZ Holding Company."
(b) Where an AS 21.22.010(j) insurer is being acquired, references to "the insurer" contained in Form A refer to both the domestic subsidiary insurer and the person being acquired.

3 AAC 21.080

Eff. 6/30/77, Register 62; am 11/26/2015, Register 216, January 2016

Authority:AS 21.06.090

AS 21.22.130