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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 [Repealed, Sec. 223 Ch 67 SLA 1992].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.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.

Last modified 9/3/2005