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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A license must be in the form the director prescribes and must set out
(1) the name and address of the licensee and, if the licensee is required to have a place of business, the physical address of the place of business;
(2) the type, class, and lines of authority the licensee is licensed to handle;
(3) the effective date and expiration date of the license;
(4) each condition, if any, under which the license is granted;
(5) the date of issuance of the license;
(6) each fictitious name and alias under which the licensee may do business; and
(7) other information required by the director.
(b) A license issued by the director does not in itself create any authority, actual, apparent, or inherent, in the holder of the license to represent or commit an insurer.
Cite this article: FindLaw.com - Alaska Statutes Title 21. Insurance § 21.27.130. Form and content of licenses - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-21-insurance/ak-st-sect-21-27-130/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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