Alaska § 21.79.150 - Stay of proceedings; default judgment.
Full text of Alaska Alaska Statutes § 21.79.150 — Stay of proceedings; default judgment., with citation guidance and answers to common questions.
§ 21.79.150. Stay of proceedings; default judgment.
Proceedings involving an insolvent insurer shall be stayed at least 180 days after the date of a final order of liquidation, rehabilitation, or conservation in order to allow the association to exercise a power or duty authorized under this chapter. If a default judgment is entered against an insolvent insurer, the association may apply to have the judgment set aside or may defend against the action on its merits.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.79.150
What does Alaska Statutes § 21.79.150 cover?
Section 21.79.150 ("Stay of proceedings; default judgment.") 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 § 21.79.150?
A common citation format is "Alaska Statutes § 21.79.150" (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 § 21.79.150 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.