Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 26 - Trade Practices
Article 7 - Suitability in Annuity Contract Transactions
3 AAC 26.786 - Private cause of action
Universal Citation: 3 AK Admin Code 26.786
Current through February 24, 2025
(a) Nothing in 3 AAC 26.770 - AAC 26.789 creates or implies a private cause of action for a violation of 3 AAC 26.770 - AAC 26.789 or subjects a producer to civil liability under the best interest standard of care set out in 3 AAC 26.775 or under standards governing the conduct of a fiduciary or a fiduciary relationship.
Authority:AS 21.03.060
AS 21.06.090
AS 21.36.020
AS 21.36.030
AS 21.36.040
AS 21.36.050
AS 21.36.900
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