Sec. 21.14.040. Authorized control level event.
41 words·~1 min read·
/ak/title-21/chapter-14/21-14-040A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 21.14.040. Authorized control level event.
If an authorized control level event occurs, the director shall take the action necessary
(1)under AS 21.14.030
(a)against the insurer; or
(2)to place the insurer under regulatory control under AS 21.78 .