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- Alaska Statutes.
- Title 21. Insurance
- Chapter 36. Trade Practices and Frauds
- Section 169. Definitions For AS 21.36.164
previous: Section 168
. Disclosures Required in Financial Institution Sales.
next: Section 170
. Interlocking Ownership, Management.
AS 21.36.169. Definitions For AS 21.36.164
In AS 21.36.164
- 21.36.169, unless the context otherwise requires,
- (1) "consumer" means a person who obtains, applies to obtain, or is solicited to obtain insurance from or on behalf of a
- (2) "financial institution" means a bank holding company under 12 U.S.C. 1841 (Bank Holding Company Act of 1956); a credit
union under 12 U.S.C. 1752 (Federal Credit Union Act); a bank, savings bank, savings and loan association, or trust
company, or any depository institution under 12 U.S.C. 1813(c)(1); and any other person authorized to take federally
insured deposits and make loans in the state; "financial institution" includes any employee or agent of a financial
institution and any nondepository affiliate or subsidiary of a financial institution but only in the instances when the
nondepository affiliate or subsidiary is soliciting the sale or purchase of insurance recommended or sponsored by, on
the premises of, or in connection with a product offering of the financial institution; "financial institution" does
not include an insurer.
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