If an authorized control level event occurs, the director shall take the action necessary
(1) under AS 21.14.030(a) against the insurer; or
(2) to place the insurer under regulatory control under AS 21.78.
Structure Alaska Statutes
Chapter 14. Risk Based Capital for Insurers
Sec. 21.14.010. Risk based capital reports.
Sec. 21.14.015. Other powers and duties not limited.
Sec. 21.14.020. Company action level event.
Sec. 21.14.030. Regulatory action level event.
Sec. 21.14.040. Authorized control level event.
Sec. 21.14.050. Mandatory control level event.
Sec. 21.14.060. Risk based capital plan.
Sec. 21.14.070. Foreign insurers.
Sec. 21.14.090. Confidentiality; restrictions on use.