Alaska § 21.09.140 - Mandatory revocation or suspension of certificate.
Full text of Alaska Alaska Statutes § 21.09.140 — Mandatory revocation or suspension of certificate., with citation guidance and answers to common questions.
§ 21.09.140. Mandatory revocation or suspension of certificate.
(a) The director shall suspend or revoke an insurer's certificate of authority (1) if the action is required by a provision of this title;
(2) if the insurer no longer meets the requirements for the authority granted, on account of the insurer becoming impaired or insolvent or otherwise; or
(3) if the insurer's authority to transact insurance is suspended or revoked by its state of domicile, or state of entry into the United States if an alien insurer.
(b) Except in cases of insolvency or impairment of required capital or surplus, or suspension or revocation by another state as referred to in (a)(3) of this section, the director shall give the insurer at least 15 days' notice in advance of a suspension or revocation under this section.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.09.140
What does Alaska Statutes § 21.09.140 cover?
Section 21.09.140 ("Mandatory revocation or suspension of certificate.") 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 § 21.09.140?
A common citation format is "Alaska Statutes § 21.09.140" (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 § 21.09.140 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.