Statutes, codes, and regulations
Alaska Administrative Code
Title 3 - Commerce, Community, and Economic DevelopmentPart 2 - Division of InsuranceChapter 21 - Insurer - Financial
Article 6 - Reinsurance
Section 3 AAC 21.685 - Other security for an unauthorized assuming insurer

3 Alaska Admin. Code § 21.685

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Current through December 21, 2024
Section 3 AAC 21.685 - Other security for an unauthorized assuming insurer

Credit for reinsurance with an unauthorized assuming insurer may be secured by unencumbered funds withheld from the unauthorized assuming insurer by the ceding insurer and maintained in the United States, subject to withdrawal solely by the ceding insurer and under its exclusive control.

3 AAC 21.685

Eff. 11/25/94, Register 132

Authority:AS 21.06.090

AS 21.12.020