Alaska § 06.40.020 - Applicability.
Full text of Alaska Alaska Statutes § 06.40.020 — Applicability., with citation guidance and answers to common questions.
§ 06.40.020. Applicability.
This chapter does not apply to (1) an insurer authorized to transact business in this state with respect to premiums on policies that the insurer issues;
(2) a bank, trust company, savings association, or other financial institution subject to the other chapters of this title and authorized to transact business in this state that does not possess or acquire any right, title, or interest with respect to the insurance policy for which the premiums are financed other than in the proceeds of it in the event of loss;
(3) the inclusion of a charge for insurance in connection with an installment sale under AS 45.10 ; and
(4) persons licensed under AS 21.27 financing only their own accounts if they are in compliance with AS 21.36.490 .
Frequently Asked Questions About Alaska § 06.40.020
What does Alaska Statutes § 06.40.020 cover?
Section 06.40.020 ("Applicability.") 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 § 06.40.020?
A common citation format is "Alaska Statutes § 06.40.020" (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 § 06.40.020 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.