Advertising with us can place you in front of thousands of visitors a day. Learn more!
- Alaska Statutes.
- Title 21. Insurance
- Chapter 69. Organization and Corporate Procedures
- Section 80. Procedure Upon Application.
previous: Section 70
. Application For Solicitation Permit.
next: Section 90
. Issuance of Permit.
AS 21.69.080. Procedure Upon Application.
- (a) The director shall expeditiously examine the application for a solicitation permit and make an investigation if
considered necessary. If the director finds that (1) the application is complete; (2) the documents filed with it are
equitable in terms and proper in form; and (3) the agreements made or proposed are equitable to present and future
shareholders, subscribers, members, or policyholders, the director shall give notice to the applicant that the director
will issue a solicitation permit, stating the terms to be contained in it, upon the filing of the bond required by AS
- (b) If the director does not so find, or if the director finds that any of the persons named in the application as being
associated or to be associated in the formation of the insurer, corporation, or syndicate are untrustworthy, the
director shall give notice to the applicant that the permit will not be granted, stating the grounds therefor, and
shall refund to the applicant all sums deposited except the application fee.
All content © 2008 by Touch
N' Go/Bright Solutions, Inc.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.