Made available by Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.

You can also go to The Alaska Legal Resource Center or search the entire website search.

Touch N' Go, the DeskTop In-and-Out Board makes your office run smoother. Visit Touch N' Go's Website to see how.
Title 3 . Commerce, Community, and Economic Development
Chapter 21 . Miscellaneous
Section 150. Adequacy of surplus

3 AAC 21.150. Adequacy of surplus

The factors set forth in AS 21.22.090 are not intended to be an exhaustive list. In determining the adequacy and reasonableness of an insurer's surplus, no single factor listed in AS 21.22.090 is controlling. The director, instead, will consider the net effect of all of these factors plus other factors bearing on the financial condition of the insurer. In comparing the surplus maintained by other insurers, the director will consider the extent to which each of these factors varies from company to company; in determining the quality and liquidity of investments in subsidiaries, the director will consider the individual subsidiary and will, in the directors discretion, discount or disallow its valuation to the extent that the individual investments so warrant.

History: Eff. 6/30/77, Register 62; am 10/21/92, Register 124

Authority: AS 21.06.090

AS 21.22.130


Note to HTML Version:

The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006