Alaska § 21.84.195 - Conversion to a mutual life insurance company.
Full text of Alaska Alaska Statutes § 21.84.195 — Conversion to a mutual life insurance company., with citation guidance and answers to common questions.
§ 21.84.195. Conversion to a mutual life insurance company.
A domestic fraternal benefit society may be converted and licensed as a mutual life insurance company by compliance with the applicable requirements of AS 21.69 if the plan of conversion has been approved by the director. A plan of conversion shall be prepared in writing by the board of directors setting out the terms and conditions of conversion. The affirmative vote of two-thirds of the members of the supreme governing body at a regular or special meeting is necessary for approval of the plan. A conversion may not take effect unless and until approved by the director, who may give the approval if the director finds that the proposed change is in conformity with the requirements of law and not prejudicial to the certificate holders of the society.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 21.84.195
What does Alaska Statutes § 21.84.195 cover?
Section 21.84.195 ("Conversion to a mutual life insurance company.") 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 § 21.84.195?
A common citation format is "Alaska Statutes § 21.84.195" (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 § 21.84.195 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.