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Alaska Statutes.

Title 21. Insurance

Chapter 18. Assets and Liabilities

Section 70. Unearned Premium Reserve For Marine and Transportation Insurance.

AS 21.18.070. Unearned Premium Reserve For Marine and Transportation Insurance.

As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be considered unearned and the director may require the insurer to carry a reserve equal to 100 percent of premiums on trip risks written during the month ended as of the date of statement.

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Last modified 9/3/2005