(a) A person may not act as an administrator of motor vehicle service contracts sold in this state unless the person registers with the director by providing the following information:
(1) the administrator's name, business address, and other information required by the director; and
(2) the names of the providers for whom the person acts as an administrator.
(b) A provider that is licensed under AS 21.59.110 - 21.59.290 may administer its own motor vehicle service contract program without registering separately as an administrator. However, if a provider administers another provider's motor vehicle service contract program, the provider shall register as an administrator under this section.
Structure Alaska Statutes
Chapter 59. Motor Vehicle Service Corporations and Contracts
Article 2. Motor Vehicle Service Contracts.
Sec. 21.59.110. Motor vehicle service contract.
Sec. 21.59.130. Motor vehicle service contract provider; duties.
Sec. 21.59.140. Provider license; notice to licensee.
Sec. 21.59.150. Provider license renewal, expiration, reinstatement.
Sec. 21.59.160. Administrator registration.
Sec. 21.59.170. Return and cancellation.
Sec. 21.59.180. Provider's financial responsibility.
Sec. 21.59.200. Examination, investigations, enforcement, and penalties.