All statements, amendments, or other material filed under AS 21.22.010, and all notices of public hearings held under AS 21.22.030, shall be mailed by the insurer to its shareholders within five business days after the insurer has received those statements, amendments, other materials, or notices. The expenses of mailing shall be borne by the person making the filing. As security for the payment of those expenses, the person making the filing shall file with the director an acceptable bond or other deposit in an amount to be determined by the director.
Structure Alaska Statutes
Chapter 22. Insurance Holding Companies
Sec. 21.22.010. Filing requirements for acquisition of control of or merger with domestic insurer.
Sec. 21.22.020. Content of statement for acquisition or merger filing.
Sec. 21.22.030. Hearing, findings, and approval.
Sec. 21.22.040. Mailings to shareholders and expenses.
Sec. 21.22.050. Jurisdiction and consent to service.
Sec. 21.22.060. Registration required.
Sec. 21.22.065. Acquisitions involving change of control.
Sec. 21.22.070. Review by director.
Sec. 21.22.080. Transactions within an insurance holding company system.
Sec. 21.22.085. Transactions involving a domestic insurer requiring director review.
Sec. 21.22.090. Adequacy of surplus.
Sec. 21.22.100. Dividends and other distributions.
Sec. 21.22.105. Management of domestic insurers subject to registration.
Sec. 21.22.115. Supervisory colleges.
Sec. 21.22.117. Group-wide supervision of internationally active insurance groups.
Sec. 21.22.120. Confidentiality.
Sec. 21.22.150. Voting of certain securities prohibited.
Sec. 21.22.160. Sequestration of voting securities.
Sec. 21.22.170. Civil penalties for violations.
Sec. 21.22.175. Criminal penalties.
Sec. 21.22.190. Revocation, suspension, or nonrenewal of insurer's authority.