3 AAC 21.080 - Acquisition of AS 21.22.010 (j) insurers

(a) If the person being acquired is a domestic insurer solely because of the provisions of AS 21.22.010(j), the name of the domestic insurer on the cover page must be indicated substantially as in the following example: "ABC Insurance Company, a subsidiary of XYZ Holding Company."
(b) Where an AS 21.22.010(j) insurer is being acquired, references to "the insurer" contained in Form A refer to both the domestic subsidiary insurer and the person being acquired.

Notes

3 AAC 21.080
Eff. 6/30/77, Register 62; am 11/26/2015, Register 216, January 2016

Authority:AS 21.06.090

AS 21.22.130

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