Alaska § 21.27.380 - License renewal, expiration, and reinstatement.
Full text of Alaska Alaska Statutes § 21.27.380 — License renewal, expiration, and reinstatement., with citation guidance and answers to common questions.
§ 21.27.380. License renewal, expiration, and reinstatement.
(a) Except as provided in this title, the director may renew a license biennially on a date set by the director if the licensee continues to be qualified under this chapter and, on or before the license expiration date, meets all renewal requirements established by regulation, submits a renewal application, and pays the renewal license fees set under AS 21.06.250 for each license authority to the director. A licensee is responsible for knowing the date that a license expires and for renewing a license before expiration. The director shall notify the licensee of the license renewal 30 days before the renewal date.
(b) If a license is not renewed on or before the renewal date set by the director, the license expires. A licensee may not act as or represent to be an insurance producer, managing general agent, reinsurance intermediary broker, third-party administrator, pharmacy benefits manager, reinsurance intermediary manager, surplus lines broker, or independent adjuster during the time a license has expired. The director may reinstate an expired license if the person continues to qualify for the license and pays renewal license fees and a delayed renewal penalty. Reinstatement does not exempt a person from a penalty provided by law for transacting business while unlicensed. A license may not be renewed if it has expired for two years or longer.
(c) If a licensee does not wish to renew a license issued under this chapter, the licensee shall surrender the license to the director on or before the close of business of the renewal date in the manner prescribed in AS 21.27.460 .
(d) The director shall send a notice of license expiration stating the reason for the expiration to a licensee at the licensee's most current electronic mail address or mailing address on record with the director.
(e) A trainee license issued to an independent adjuster shall be for a term not to exceed 12 months and may not be renewed.
(f) [Repealed, § 14 ch 6 SLA 2012.]
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.27.380
What does Alaska Statutes § 21.27.380 cover?
Section 21.27.380 ("License renewal, expiration, and reinstatement.") 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 § 21.27.380?
A common citation format is "Alaska Statutes § 21.27.380" (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 § 21.27.380 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.