Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 25 - Surplus Lines - Unauthorized Insurers
3 AAC 25.900 - Definitions
Universal Citation: 3 AK Admin Code 3 AAC 25.900
Current through February 24, 2025
In this chapter,
(1) "exempt commercial purchaser" has the meaning given in AS 21.34.900;
(2) "home state" has the meaning given in AS 21.34.900.
(3) "surplus lines broker" means
(A) a firm or agency licensed under
AS
21.27.790; or
(B) an individual that is
(i) licensed under
AS
21.27.790; and
(ii) not employed by a firm or agency
licensed under
AS
21.27.790.
Authority:AS 21.06.090
AS 21.34.250
AS 21.97.900
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