A person may not issue or deliver or permit its agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in a common law corporation, or securities, or an advisory board contract or other similar contract of any kind promising returns and profits as an inducement to insurance.
Structure Alaska Statutes
Chapter 36. Trade Practices and Frauds
Article 1. Trade Practices in General.
Sec. 21.36.020. Unfair methods, deceptive acts prohibited.
Sec. 21.36.025. Unfair marketing practices prohibited.
Sec. 21.36.030. Misrepresentation and false advertising of insurance policies.
Sec. 21.36.040. False information, advertising.
Sec. 21.36.050. Twisting prohibited.
Sec. 21.36.060. False or misleading financial statements.
Sec. 21.36.080. Boycott, coercion, and intimidation.
Sec. 21.36.090. Unfair discrimination.
Sec. 21.36.096. Prohibited denial of claim for causation.
Sec. 21.36.110. Exceptions to discrimination and rebates.
Sec. 21.36.120. Unfair discrimination and rebates prohibited in property and casualty insurance.
Sec. 21.36.125. Unfair claim settlement practices.
Sec. 21.36.130. Stock operations and advisory board contracts.
Sec. 21.36.160. Right of debtor or borrower to select insurance producer and insurer.
Sec. 21.36.170. Interlocking ownership, management.
Sec. 21.36.185. Maintenance of complaint handling records.
Sec. 21.36.190. Fictitious groups.
Sec. 21.36.195. Surplus lines brokers and insurance producers; prohibited acts.