Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 23 - Producers, Managing General Agents, Surplus Lines Brokers, Reinsurance Intermediary Managers, Reinsurance Intermediary Brokers, Third Party Administrators, and Independent Adjusters
Article 6 - General Provisions
3 AAC 23.860 - Biennial license renewal
Current through February 24, 2025
(a) The biennial renewal date for an individual licensee is based upon the individual's birth month, as follows:
(b) The biennial renewal date for a firm licensee is based upon the firm's initial license date, as follows:
(c) To renew a license issued under AS 21.27, a licensee shall submit an application for license renewal on the form provided or in a format prescribed by the division. In addition to the license renewal application, a nonresident licensee must be currently licensed and in good standing in the licensee's home state. The director may verify the licensee's licensing status through the producer licensing database records maintained by the National Association of Insurance Commissioners or its affiliates or subsidiaries. The license renewal application form for
(d) If the license renewal application form and payment of the fee are not received by the director before the close of business on the license renewal date, the license lapses. A licensee may not conduct business with a lapsed license in accordance with AS 21.27.380(b).
(e) Repealed 10/13/2011.
(f) Repealed 10/13/2011.
(g) Repealed 10/13/2011.
(h) Repealed 10/13/2011.
(i) Repealed 10/13/2011.
3 AAC 23.860 took effect 7/1/92 as an emergency regulation. Due to changes made by the regulations attorney in reviewing the "permanent" regulation for filing the permanent regulation, as it was first published in Register 124 (January 1993), differed from the emergency regulation even though the section's history note did not reflect an amendment.
Authority:AS 21.06.090
AS 21.27.380
