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Title 3 . Commerce, Community, and Economic Development
Chapter 21 . Miscellaneous
Section 80. Acquisition of

3 AAC 21.080. Acquisition of

(a) If the person being acquired is a "domestic insurer" solely because of the provisions of AS 21.22.010 (h), the name of the domestic insurer on the cover page must be indicated substantially as in the following example:

"ABC Insurance Company, a subsidiary of XYZ Holding Company."

(b) Where an AS 21.22.010 (h) insurer is being acquired, references to "the insurer" contained in Form A refer to both the domestic subsidiary insurer and the person being acquired.

History: Eff. 6/30/77, Register 62

Authority: AS 21.06.090

AS 21.22.130


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Last modified 7/05/2006