Alaska § 26.27.060 - Insurance coverage; safety program.
Full text of Alaska Alaska Statutes § 26.27.060 — Insurance coverage; safety program., with citation guidance and answers to common questions.
§ 26.27.060. Insurance coverage; safety program.
(a) The corporation may engage actuarial experts and shall develop probability models to indicate the degree of potential harm to the public and private enterprise from the corporation's activities.
(b) The corporation shall, to the extent available and consistent with federal requirements, secure insurance coverage within reasonable limits for liability that may arise as a consequence of its activities and the activities of its officers and employees and to insure its buildings, structures, and other facilities against loss.
(c) The corporation shall establish a safety program that includes (1) the development and implementation of a loss prevention program consisting of a comprehensive corporation wide safety program, including a statement by the board, of safety policy and responsibility and regulations implementing it;
(2) provision for regular and periodic facility and equipment inspections;
(3) investigation of job-related accidents and other accidents occurring on the premises of the corporation or within areas of its jurisdiction;
(4) the establishment of a program to promote increased safety awareness among employees, agents, and subcontractors of the corporation;
(5) the study of safety operations at other space-related facilities in the United States;
(6) all federal and state safety and emergency facility requirements for commercial space facilities.
Frequently Asked Questions About Alaska § 26.27.060
What does Alaska Statutes § 26.27.060 cover?
Section 26.27.060 ("Insurance coverage; safety program.") 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 § 26.27.060?
A common citation format is "Alaska Statutes § 26.27.060" (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 § 26.27.060 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.