3 AAC 24.060. Continuation of registration

(a) A registration is valid from January 1 through December 31 of each year. In order to continue the registration for the next year, the following must be filed with the director by December 31:

(1) continuation application on a form prescribed by the director;

(2) the annual continuation fee established in 3 AAC 31.060(a) ; and

(3) other information the director may require.

(b) Failure to submit the continuation application and fee by January 31 of the year for which registration is sought will result in the discontinuation of the registration as of the prior December 31. A registrant that submits the continuation application and fee after January 31 will be required to reapply as a new registrant under 3 AAC 24.020 and pay the initial registration fee set out in 3 AAC 31.060(a) .

(c) A risk retention group that is not in compliance with 15 U.S.C. 3901 - 3906, as amended as of October 27, 1986 (Liability Risk Retention Act), is not eligible for registration or annual continuation of its registration.

History: Eff. 4/12/91, Register 118; am 10/24/92, Register 124

Authority: AS 21.03.010

AS 21.06.090

Editor's note: As of Register 169 (April 2004), the regulations attorney made a technical revision under AS 44.62.125 (b)(6), to 3 AAC 24.060(a) (2) and (b).

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