Alaska § 21.27.790 - Surplus lines broker qualifications.
Full text of Alaska Alaska Statutes § 21.27.790 — Surplus lines broker qualifications., with citation guidance and answers to common questions.
§ 21.27.790. Surplus lines broker qualifications.
In addition to the general qualifications under AS 21.27.020 , to qualify for issuance or for renewal of a resident surplus lines broker license, an applicant or licensee shall (1) be licensed as either an insurance producer or managing general agent for property and casualty lines of authority;
(2) if required by the director by regulation, maintain a bond as described in AS 21.27.190 in an amount acceptable to the director that requires the surplus lines broker to conduct business under this title, promptly remit the taxes and fees required by law, return premiums promptly when due, and pay proper losses promptly;
(3) if the director requires, maintain an errors and omissions insurance policy acceptable to the director.
Frequently Asked Questions About Alaska § 21.27.790
What does Alaska Statutes § 21.27.790 cover?
Section 21.27.790 ("Surplus lines broker qualifications.") 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 § 21.27.790?
A common citation format is "Alaska Statutes § 21.27.790" (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 § 21.27.790 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.