Alaska § 21.22.080 - Transactions within an insurance holding company system.
Full text of Alaska Alaska Statutes § 21.22.080 — Transactions within an insurance holding company system., with citation guidance and answers to common questions.
§ 21.22.080. Transactions within an insurance holding company system.
Material transactions by registered insurers with their affiliates are subject to the following standards: (1) the terms shall be fair and reasonable;
(2) charges or fees for services performed shall be reasonable;
(3) expenses incurred and payment received shall be allocated to the insurer in conformity with customary insurance accounting practices consistently applied;
(4) the books, accounts, and records of each party to the transactions shall be maintained so as to disclose clearly and accurately the nature and details of the transactions including accounting information that is necessary to support the reasonableness of the charges or fees to the respective parties;
(5) the insurer's surplus as regards policyholders following any dividends or distributions to shareholder affiliates or performance under a material transaction with an affiliate shall be reasonable in relation to the insurer's outstanding liabilities and adequate to its financial needs; and
(6) agreements for cost-sharing services and management must include the provisions required by regulations adopted by the director.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.22.080
What does Alaska Statutes § 21.22.080 cover?
Section 21.22.080 ("Transactions within an insurance holding company system.") 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 § 21.22.080?
A common citation format is "Alaska Statutes § 21.22.080" (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 § 21.22.080 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.