Alaska Statutes.
Title 21. Insurance
Chapter 34. Surplus Lines Insurance
Section 130. Effect of Payment to Surplus Lines Broker.
previous: Section 120. Validity of Surplus Lines Contracts.
next: Section 140. Licensing of Surplus Lines Brokers. [Repealed, § 223 Ch 67 SLA 1992].

AS 21.34.130. Effect of Payment to Surplus Lines Broker.

A payment of premium to a surplus lines broker acting for a person other than itself in negotiating, continuing, or reviewing a policy of insurance under this chapter, is considered to be payment to the insurer, notwithstanding conditions or stipulations in the policy or contract to the contrary.

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