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- Alaska Statutes.
- Title 21. Insurance
- Chapter 36. Trade Practices and Frauds
- Section 355. Felony Convictions Involving Dishonesty or Breach of Trust.
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Section 350. Regulations Relating to Claim Settlement Practices.
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Section 360. Fraudulent or Criminal Insurance Acts.
AS 21.36.355. Felony Convictions Involving Dishonesty or Breach of Trust.
- (a) A person who has a conviction for a felony involving dishonesty or a breach of trust may not engage or participate in
the business of insurance without receiving prior written consent by the director as required under 18 U.S.C. 1033 and
1034 (Violent Crime Control and Law Enforcement Act of 1994).
- (b) A person who fails to seek prior written consent from the director under (a) of this section is in violation of this
chapter.
- (c) A person who is engaged in the business of insurance may not knowingly permit the participation in the business of
insurance by a person who has been convicted of a felony involving dishonesty or breach of trust except as allowed
under (a) of this section.
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