A foreign insurer may transact business in this state without a certificate of authority, for the purpose and to the extent only of investing its funds in real estate in this state or in securities secured thereby by complying with the applicable laws of this state other than this title. Such an insurer is not subject to any other provision of this title.
Structure Alaska Statutes
Chapter 09. Authorization, Corporate Governance Requirements
Article 1. Authorization of Insurers and General Requirements.
Sec. 21.09.010. Certificate of authority required.
Sec. 21.09.020. Exception from certificate of authority requirement.
Sec. 21.09.030. Admission for investment only.
Sec. 21.09.040. General eligibility of insurers.
Sec. 21.09.050. Name of insurer.
Sec. 21.09.060. Combinations of insuring powers in one insurer.
Sec. 21.09.070. Capital funds required of foreign insurers and new domestic insurers.
Sec. 21.09.080. Capital funds required of old domestic insurers.
Sec. 21.09.090. Deposit requirement.
Sec. 21.09.100. Management and affiliations.
Sec. 21.09.110. Application for certificate of authority.
Sec. 21.09.120. Issuance, refusal, and ownership of certificate.
Sec. 21.09.130. Continuance, expiration, reinstatement, and amendment of certificate.
Sec. 21.09.135. Voluntary surrender of certificate of authority.
Sec. 21.09.140. Mandatory revocation or suspension of certificate.
Sec. 21.09.150. Suspension or revocation for violations and special grounds.
Sec. 21.09.160. Notice of suspension or revocation and effect upon agent's authority.
Sec. 21.09.170. Duration of suspension, insurer's obligations, and reinstatement.
Sec. 21.09.175. Determination of impairment.
Sec. 21.09.180. Director attorney for service of process.
Sec. 21.09.190. Service of process.
Sec. 21.09.200. Annual statement; audited financial report.
Sec. 21.09.205. Quarterly statement.
Sec. 21.09.207. Statement of actuarial opinion and supporting documentation.
Sec. 21.09.210. Tax on insurers.
Sec. 21.09.242. Cooperation with the Department of Health.
Sec. 21.09.245. Required notice.
Sec. 21.09.247. Biographical affidavits.
Sec. 21.09.250. Prohibited acts.
Sec. 21.09.290. Risk retention groups.
Sec. 21.09.300. Disclosure of material transactions.
Sec. 21.09.310. Authorization of United States branches of alien insurers and general requirements.
Sec. 21.09.320. Maintenance of records; production; civil penalty.