Alaska Statutes.
Title 21. Insurance
Chapter 14. Risk Based Capital For Insurers
Section 40. Authorized Control Level Event.
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AS 21.14.040. Authorized Control Level Event.

If an authorized control level event occurs, the director shall take the action necessary
        (1) under AS 21.14.030 (a) against the insurer; or
        (2) to place the insurer under regulatory control under AS 21.78.

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