Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 21 - Insurer - Financial
Article 6 - Reinsurance
3 AAC 21.685 - Other security for an unauthorized assuming insurer
Universal Citation: 3 AK Admin Code 21.685
Current through February 24, 2025
Credit for reinsurance with an unauthorized assuming insurer may be secured by unencumbered funds withheld from the unauthorized assuming insurer by the ceding insurer and maintained in the United States, subject to withdrawal solely by the ceding insurer and under its exclusive control.
Authority:AS 21.06.090
AS 21.12.020
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