Alaska § 21.87.230 - Records and accounts.
Full text of Alaska Alaska Statutes § 21.87.230 — Records and accounts., with citation guidance and answers to common questions.
§ 21.87.230. Records and accounts.
(a) Every service corporation shall establish and maintain complete and accurate records and accounts covering its transactions and affairs, in accordance with common and accepted principles and practices of insurance accounting and record keeping as applied to the business of the corporation.
(b) Among other records, the corporation shall establish a separate record of each claim received for benefits under a subscriber's contract, whether the claim is for service or for indemnity. The claim record must contain information reasonably necessary for the determination of (1) the identity of the claimant;
(2) the nature of the claim;
(3) the probable amount to be paid by the corporation on account of the claim;
(4) the amounts actually paid by the corporation on account of the claim.
Frequently Asked Questions About Alaska § 21.87.230
What does Alaska Statutes § 21.87.230 cover?
Section 21.87.230 ("Records and accounts.") 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 § 21.87.230?
A common citation format is "Alaska Statutes § 21.87.230" (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 § 21.87.230 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.