Alaska § 21.78.070 - Grounds for conservation, alien insurers.
Full text of Alaska Alaska Statutes § 21.78.070 — Grounds for conservation, alien insurers., with citation guidance and answers to common questions.
§ 21.78.070. Grounds for conservation, alien insurers.
The director may apply to the court for an order appointing the director as receiver or ancillary receiver, and directing the director to conserve the assets within this state, of an alien insurer upon (1) any of the grounds specified in AS 21.78.040 or 21.78.050;
(2) the ground that the insurer has failed to comply, within the time designated by the director, with an order made by the director to make good an impairment of its trusteed funds; or
(3) the ground that the property of the insurer has been sequestrated in its domiciliary sovereignty or elsewhere.
Frequently Asked Questions About Alaska § 21.78.070
What does Alaska Statutes § 21.78.070 cover?
Section 21.78.070 ("Grounds for conservation, alien insurers.") 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 § 21.78.070?
A common citation format is "Alaska Statutes § 21.78.070" (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 § 21.78.070 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.