Alaska Statutes
Article 1. Licensing.
Sec. 21.27.420. Procedure for suspending, revoking, or conditioning a license.

(a) After a hearing under AS 21.06.170 - 21.06.240, if the director determines that a person has violated a provision of this title and that the person's license should be suspended or revoked, the director shall issue an order effective 10 days after the date of issuing that the license is suspended or revoked.
(b) After a hearing under AS 21.06.170 - 21.06.240, if the director determines the person has violated a provision of this title, the director may place conditions on a person's license if the director finds that the conditions will protect the public from injury or potential injury.
(c) With the consent of an applicant or licensee, the director may issue or renew a license with restrictions upon the scope of the person's license or may otherwise restrict or condition the activities of the licensee if the director determines that the person has violated the provisions of this title or to protect the public from injury or potential injury.
(d) Without prior hearing, the director may order summary suspension of a license if the director finds that protection of the public requires emergency action and incorporates that finding in an order. The suspension is effective on the date specified in the order or on the date of mailing by first class mail to the licensee's business address on record with the division, whichever is later. If the licensee requests a hearing, the director shall conduct a hearing on the suspension within a reasonable time but not later than 20 days after the effective date of the summary suspension unless the person whose license is suspended requests a later date. At the hearing, the director shall determine if the suspension should be continued or withdrawn and, if proper notice is given, may determine if the license should be revoked. The director shall issue a decision within 30 days after the conclusion of the hearing. If the director decides to continue the suspension or revoke the license, the suspension or revocation must be based on one or more grounds in AS 21.27.410. The summary suspension continues until the decision is issued. AS 21.06.190 and AS 44.64.030 are not applicable to a hearing under this subsection.

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.