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- Alaska Statutes.
- Title 21. Insurance
- Chapter 18. Assets and Liabilities
- Section 30. Assets Not Allowed.
previous: Section 20
. Assets as Deductions From Liabilities.
next: Section 40
. Disallowance of Transactions; Deceptions.
AS 21.18.030. Assets Not Allowed.
In addition to assets excluded by the application of AS 21.18.010
, all nonadmitted assets and all other assets of doubtful value or character included as ledger or nonledger assets in
a statement by an insurer to the director, or in an examiner's report to the director, shall also be reported, to the
extent of the value disallowed, as deductions from the gross assets of the insurer, unless the director permits a
reserve to be carried among the liabilities of the insurer in place of a deduction.
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