Alaska Statutes
Article 1. Licensing.
Sec. 21.27.040. Application for license.

(a) Application for a license shall be made to the director upon forms prescribed by the director. As a part of or in connection with the application, the applicant shall furnish information concerning the applicant's identity, personal history, experience, business record, purposes, and other pertinent facts that the director may reasonably require. The applicant shall declare, subject to penalty of denial, nonrenewal, suspension, or revocation of a license issued by the director, that the statements made in or in connection with the application are true, correct, and complete to the best of the applicant's knowledge and belief. Payment of an application fee established under AS 21.06.250 must be submitted with the application.
(b) [Repealed, ยง 47 ch 29 SLA 1987.]
(c) In addition to any other penalty provided by law, a person wilfully misrepresenting a fact required to be disclosed in or in connection with the application or other information required by this section is subject to the penalties provided for under AS 21.27.440.
(d) The director may require an applicant or licensee at any time, including at the time of license renewal, to supply current information of the type made in or supplemental to an application.
(e) As part of the application required by (a) of this section, a resident applicant shall furnish to the director a full set of fingerprints and the fees required by the Department of Public Safety under AS 12.62.160 for criminal justice information and a national criminal history record check so that the director may obtain criminal justice information as provided under AS 12.62 about the applicant. The director shall submit the completed fingerprint card and fees to the Department of Public Safety for a report of criminal justice information under AS 12.62 and a national criminal history record check under AS 12.62.400.
(f) If, through inaction, an applicant fails to complete the application process, the applicant's application filed with the director under (a) of this section is considered withdrawn. The withdrawal becomes effective 120 days after the filing of the application. If the director has initiated administrative action with respect to an application, withdrawal becomes effective at the time and on the conditions required by an order issued under this chapter.

Structure Alaska Statutes

Alaska Statutes

Title 21. Insurance

Chapter 27. Producers, Agents, Administrators, Brokers, Adjusters, and Managers

Article 1. Licensing.

Sec. 21.27.010. License required.

Sec. 21.27.020. General qualifications for license.

Sec. 21.27.025. Required notice of licensee.

Sec. 21.27.030. Controlled business disqualification.

Sec. 21.27.040. Application for license.

Sec. 21.27.060. Examination of applicants and licensees.

Sec. 21.27.080. Examinations.

Sec. 21.27.100. Appointment of insurance producer, managing general agent, and reinsurance intermediary manager; acts of agent.

Sec. 21.27.110. Term of appointment.

Sec. 21.27.115. Lines of authority.

Sec. 21.27.130. Form and content of licenses.

Sec. 21.27.140. Firm licenses.

Sec. 21.27.150. Limited licenses.

Sec. 21.27.152. Travel insurance.

Sec. 21.27.160. Scope of licenses.

Sec. 21.27.190. Bond.

Sec. 21.27.215. Employment contracts.

Sec. 21.27.270. Licensing of nonresidents.

Sec. 21.27.275. Alien licensees.

Sec. 21.27.330. Place of business.

Sec. 21.27.350. Records of licensees.

Sec. 21.27.360. Reporting and accounting for premiums and premium taxes and fees.

Sec. 21.27.370. Sharing compensation.

Sec. 21.27.380. License renewal, expiration, and reinstatement.

Sec. 21.27.390. Temporary license.

Sec. 21.27.405. Hearing and order on violation.

Sec. 21.27.410. Denial, nonrenewal, suspension, or revocation of licenses.

Sec. 21.27.420. Procedure for suspending, revoking, or conditioning a license.

Sec. 21.27.430. Suspensions and revocations.

Sec. 21.27.440. Penalties.

Sec. 21.27.460. Return of license.