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Alaska Statutes.

Title 21. Insurance

Chapter 69. Organization and Corporate Procedures

Chapter 69. Organization and Corporate Procedures

Section 10. Applicability of Chapter.

Section 20. Applicability of General Corporation Statutes.

Section 30. Incorporation.

Section 40. Articles of Incorporation.

Section 50. Amendment of Articles of Incorporation.

Section 60. Solicitation Permit.

Section 70. Application For Solicitation Permit.

Section 80. Procedure Upon Application.

Section 90. Issuance of Permit.

Section 100. Duration of Permit.

Section 110. Permit as Inducement Prohibited.

Section 120. Solicitors' Licenses.

Section 130. Modification, Revocation of Permit.

Section 140. Bond.

Section 150. Escrow of Funds.

Section 160. Liability of Organizers.

Section 170. Payment For Subscriptions.

Section 180. Insurance Applications.

Section 190. Failure to Complete Organization or to Qualify.

Section 200. Subsequent Financing.

Section 210. Penalty For Exhibiting False Accounts, Etc.

Section 220. Initial Qualifications of Domestic Mutuals.

Section 230. Formation of Mutual Insurer.

Section 240. Applications For Insurance in Formation of Mutual Insurer.

Section 250. Formation of Mutuals.

Section 260. Failure to Qualify.

Section 270. Additional Kinds of Insurance.

Section 280. Membership in Mutuals.

Section 290. Bylaws of Mutual.

Section 300. Bylaws of Stock Insurer.

Section 310. Meetings of Stockholders or Members.

Section 320. Proxies.

Section 330. Corrupt Practices.

Section 340. Directors.

Section 350. Participation of Policyholders in Election of Directors.

Section 360. Bond of Officers of Mutual.

Section 370. Prohibited Pecuniary Interest of Officials.

Section 380. Management and Exclusive Agency Contracts.

Section 390. Home Office and Records.

Section 400. Vouchers For Expenditures.

Section 410. Agreement Not to Sell Property Prohibited.

Section 420. Solicitations in Other States.

Section 430. Contingent Liability of Mutual Members.

Section 440. Levy of Contingent Liability.

Section 450. Enforcement of Contingent Liability.

Section 460. Nonassessable Policies, Mutual Insurers.

Section 470. Nonassessable Policies.

Section 480. Participating Policies.

Section 490. Dividends to Stockholders.

Section 500. Dividends to Mutual Policyholders.

Section 510. Illegal Dividends.

Section 520. Borrowed Surplus.

Section 530. Impairment of Capital or Assets.

Section 540. Assessment of Stockholders or Members.

Section 550. Directors' Liability For Losses During Deficiency.

Section 560. Stock Transfer During Impairment of Capital.

Section 570. Mutualization of Stock Insurers.

Section 580. Converting Mutual Insurer.

Section 590. Mergers and Consolidations of Stock Insurers.

Section 600. Mergers and Consolidations, Mutual Insurers.

Section 610. Reinsurance For Stock Insurers.

Section 620. Reinsurance For Mutual Insurers.

Section 630. Mutual Member's Share of Assets On Liquidation.

Section 640. Extinguishment of Unused Corporate Charters.

Section 645. Redomestication.

Section 648. Voluntary Surrender of Certificate of Authority.

Section 650. National Emergency Provisions.

Section 660. Adoption of Emergency Bylaws.

Section 670. Provisions in Lieu of Emergency Bylaws.

Section 680. Succession of Corporate Officers During National Emergency.

Section 690. Relocation of Home Office During National Emergency.

Section 700. Stock Insurer Defined.

Section 710. Mutual Insurer Defined.

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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