Alaska § 21.80.080 - Duties and powers of the director.
Full text of Alaska Alaska Statutes § 21.80.080 — Duties and powers of the director., with citation guidance and answers to common questions.
§ 21.80.080. Duties and powers of the director.
(a) The director shall (1) notify the association of the existence of an insolvent insurer no later than three days after the director receives notice of the determination of the insolvency;
(2) upon request of the board of governors, provide the association with a statement of the net direct written premiums of each member insurer.
(b) The director may (1) suspend or revoke, after notice and hearing, the certificate of authority to transact insurance in this state of any member insurer that fails to pay an assessment when due or fails to comply with the plan of operation; as an alternative, the director may levy a fine on any member insurer that fails to pay an assessment when due; this fine may not exceed five percent of the unpaid assessment per month or portion of a month, except that a fine may not be less than $250 a month;
(2) revoke the designation of any servicing facility upon a finding that claims are being handled unsatisfactorily;
(3) upon a finding by the superior court that the board of governors has failed to comply with a requirement of this chapter or the plan of operation, assume the powers of the board of governors under AS 21.80.060 .
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.80.080
What does Alaska Statutes § 21.80.080 cover?
Section 21.80.080 ("Duties and powers of the director.") 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 § 21.80.080?
A common citation format is "Alaska Statutes § 21.80.080" (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 § 21.80.080 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.