Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 21 - Insurer - Financial
Article 1 - Insurance Holding Companies
3 AAC 21.195 - Definitions

Universal Citation: 3 AK Admin Code 21.195

Current through February 24, 2025

(a) I In 3 AAC 21.010 - 3 AAC 21.195, unless the context requires otherwise,

(1) "executive officer" means a chief executive officer, chief operating officer, chief financial officer, vice president, treasurer, secretary, controller and any other individual performing functions corresponding to those performed by these officers under whatever title;

(2) repealed 11/26/2015;

(3) "ultimate controlling person" means a person who is not controlled by another person.

(b) Unless the context requires otherwise, terms not defined in (a) of this section that are found in 3 AAC 21.010 - 3 AAC 21.195 or in AS 21.22 are used as defined in AS 21.22.200. Other terms are used as defined in AS 21 or in accordance with common industry usage if not defined in AS 21.

Before 10/21/92, Register 124, the substance of 3 AAC 21.195 was contained in former 3 AAC 21.160. The history note for 3 AAC 21.195 includes the history of 3 AAC 21.160 before 10/21/92.

Authority:AS 21.06.090

AS 21.22.130

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