Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 21 - Insurer - Financial
Article 2 - Investments
3 AAC 21.203 - Applicability

Universal Citation: 3 AK Admin Code 21.203

Current through February 24, 2025

(a) The provisions of 3 AAC 21.201 - 3 AAC 21.399 apply to an investment and an investment practice of a domestic insurer and a United States branch of an alien insurer entered through this state. Except as provided in AS 21.42.315(c), the provisions of 3 AAC 21.201 - 3 AAC 21.399 do not apply to separate accounts of a life and health insurer.

(b) Any waiver or written consent granted by the director before December 28, 2001 is rescinded as of that date, if that waiver or written consent regards a requirement applicable to an investment or an investment practice of a domestic insurer or a United States branch of an alien insurer entered through this state.

In 2010 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 21.42.370 as AS 21.42.315. As of Register 196 (January 2011), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to 3 AAC 21.203(a), so that the cross-reference to former AS 21.42.370(c) now refers to the renumbered statute, AS 21.42.315(c).

Authority:AS 21.06.090

AS 21.21.010

AS 21.21.020

AS 21.21.420

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