Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 40. Premium Financing Act

Article 1. Licensing.

Sec. 06.40.010. License required. - Except as provided in AS 06.40.020, a person may not...

Sec. 06.40.020. Applicability. - This chapter does not apply to (1) an insurer authorized...

Sec. 06.40.030. Bond. - (a) The applicant shall file with the application a bond...

Sec. 06.40.040. Annual license fee. - On or before December 20 of each year, each licensee...

Sec. 06.40.050. Application for license; fee; disclosure for child support purposes; interrogatories; refusal to issue or continue license. - (a) Application for a license under this chapter shall be...

Sec. 06.40.060. Place of business. - (a) A licensee may maintain only one place of business...

Sec. 06.40.070. Investigation; qualifications for license. - (a) Upon the filing of an application and payment of...

Sec. 06.40.080. Revocation or suspension of license. - The commissioner may revoke or suspend the license of any...

Article 2. Operations.

Sec. 06.40.090. Misleading statements prohibited; disclosure of interest rate. - (a) A person may not advertise, print, display, publish, distribute,...

Sec. 06.40.100. Record keeping; examination of records; report. - (a) A licensee shall maintain records of its premium finance...

Sec. 06.40.110. Contents of premium finance agreement; deficiency balances. - (a) A premium finance agreement must (1) be dated, signed...

Sec. 06.40.120. Service charge; interest rate; prepayment. - (a) A premium finance company may not charge, contract for,...

Sec. 06.40.130. Delinquency charge; separate financing. - (a) A premium finance agreement may provide for the payment...

Sec. 06.40.140. Cancellation of policy. - (a) When a premium finance agreement contains a power of...

Sec. 06.40.150. Return of unearned premiums. - (a) If a financed insurance policy is cancelled, and provided...

Article 3. General Provisions.

Sec. 06.40.160. Consequences of violations. - (a) A lender who, in the making of any contract,...

Sec. 06.40.170. Filing not required to perfect validity of agreement. - A filing under AS 45.29 of the premium finance agreement...

Sec. 06.40.180. Regulations, orders. - The commissioner shall adopt regulations necessary to carry out this...

Sec. 06.40.190. Definitions. - In this chapter, unless the context otherwise requires, (1) “commissioner”...