Sec. 21.75.240. Distribution of savings.
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/ak/title-21/chapter-75/21-75-240A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 21.75.240. Distribution of savings.
A reciprocal insurer may from time to time return to its subscribers any unused premiums, savings, or credits accruing to their accounts. The distribution may not unfairly discriminate between classes of risks, or policies, or between subscribers, but this does not prevent retrospective rating, or distribution on a retrospective plan, or distribution varying as to classes of subscribers based on the experience of the subscribers.