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(a) If a licensee estimates a billing, and the estimate differs from the insurer's invoice, the adjustment of a licensee's estimated billing must occur within a reasonable amount of time, not to exceed 31 business days after the licensee's receipt of notice of actual billing.
(b) Failure to comply with (a) of this section is a violation of AS 21.27.350 and 21.27.360.
History: Eff. 8/29/90, Register 115
Authority: AS 21.06.090
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Last modified 7/05/2006