Sec. 21.39.055. Cancellation of approved filing.
69 words·~1 min read·
/ak/title-21/chapter-39/21-39-055A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 21.39.055. Cancellation of approved filing.
The voluntary surrender of a certificate of authority or the failure of the surrendering admitted foreign insurer to continue a certificate of authority in force has the effect of cancelling an approval that the insurer may have received under this chapter, unless the approval has been affirmed by the director at the time of the surrender or noncontinuation of the certificate of authority.