Alaska § 21.57.020 - Applicability.
Full text of Alaska Alaska Statutes § 21.57.020 — Applicability., with citation guidance and answers to common questions.
§ 21.57.020. Applicability.
Consumer credit insurance transacted in connection with a credit transaction for a personal, household, or family purpose is subject to the provisions of this chapter except (1) insurance written in connection with a credit transaction that is (A) secured by a first mortgage or first deed of trust; and
(B) made to finance the purchase of real property, the construction of a dwelling, or to refinance a prior credit transaction made for that purpose;
(2) an isolated insurance transaction by the insurer not related to an agreement or a plan for insuring debtors of the creditor;
(3) insurance for which no identifiable charge is made to the debtor; or
(4) a loan or other credit transaction that exceeds $30,000.
Frequently Asked Questions About Alaska § 21.57.020
What does Alaska Statutes § 21.57.020 cover?
Section 21.57.020 ("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 § 21.57.020?
A common citation format is "Alaska Statutes § 21.57.020" (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 § 21.57.020 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.