Alaska Statutes.
Title 21. Insurance
Chapter 36. Trade Practices and Frauds
Section 130. Stock Operations and Advisory Board Contracts.
previous: Section 125. Unfair Claim Settlement Practices.
next: Section 140. Desist Orders For Prohibited Practices. [Repealed, Sec. 11 Ch 163 SLA 1976].

AS 21.36.130. Stock Operations and Advisory Board Contracts.

A person may not issue or deliver or permit its agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in a common law corporation, or securities, or an advisory board contract or other similar contract of any kind promising returns and profits as an inducement to insurance.

All content © 2008 by Touch N' Go/Bright Solutions, Inc.

Note to HTML Version:

This version of the Alaska Statutes is current through December, 2007. 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.