Alaska Statutes
Title 21. Insurance
Chapter 80. Alaska Insurance Guaranty Association Act

Sec. 21.80.010. Purposes. - The purposes of this chapter are to provide a mechanism...

Sec. 21.80.020. Applicability. - This chapter applies to all kinds of direct insurance written...

Sec. 21.80.030. Construction. - This chapter shall be construed to effect the purposes under...

Sec. 21.80.040. Creation of association. - (a) There is created a nonprofit incorporated legal entity to...

Sec. 21.80.050. Board of governors. - (a) The board of governors of the association consists of...

Sec. 21.80.060. Powers and duties of the association. - (a) The association (1) is obligated to pay covered claims...

Sec. 21.80.070. Plan of operation. - (a) The association shall submit to the director a plan...

Sec. 21.80.080. Duties and powers of the director. - (a) The director shall (1) notify the association of the...

Sec. 21.80.090. Effect of paid claims. - (a) A person recovering under this chapter is considered to...

Sec. 21.80.095. Prohibited claims. - An insurer, reinsurer, insurance pool, or underwriting association may not...

Sec. 21.80.100. Nonduplication of recovery. - (a) A person having a claim against an insurer, whether...

Sec. 21.80.110. Prevention of insolvencies. - The board of governors may (1) upon a majority vote,...

Sec. 21.80.120. Examination of the association. - The association is subject to examination and regulation by the...

Sec. 21.80.130. Tax exemption. - The association is exempt from payment of all fees and...

Sec. 21.80.140. Recognition of assessments in surcharge rates. - The rates and premiums charged for insurance policies to which...

Sec. 21.80.150. Immunity. - There is no liability on the part of and a...

Sec. 21.80.160. Stay of proceedings and reopening of default judgments. - All proceedings in which the insolvent insurer is a party...

Sec. 21.80.180. Definitions. - In this chapter, unless the context requires otherwise, (1) “account”...

Sec. 21.80.190. Short title. - This chapter may be known and cited as the Alaska...