Alaska § 21.09.060 - Combinations of insuring powers in one insurer.
Full text of Alaska Alaska Statutes § 21.09.060 — Combinations of insuring powers in one insurer., with citation guidance and answers to common questions.
§ 21.09.060. Combinations of insuring powers in one insurer.
An insurer that otherwise qualifies may be authorized to transact any one kind or combination of kinds of insurance as defined in AS 21.12 , except that (1) a life insurer may also grant annuities, but is not authorized to transact any other kind of insurance than health; except that if the insurer is otherwise qualified, the director shall continue to authorize a life insurer that, immediately before July 1, 1966, was lawfully authorized to transact in this state a kind or kinds of insurance in addition to life and health;
(2) a reciprocal insurer may not transact life insurance;
(3) a title insurer must be a stock insurer;
(4) a property or casualty insurer may not transact life insurance and may not grant annuities.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.09.060
What does Alaska Statutes § 21.09.060 cover?
Section 21.09.060 ("Combinations of insuring powers in one insurer.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 21.09.060?
A common citation format is "Alaska Statutes § 21.09.060" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 21.09.060 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.