American Samoa § 29.0307 - Suspension or revocation
Full text of American Samoa American Samoa Code Annotated § 29.0307 — Suspension or revocation, with citation guidance and answers to common questions.
§ 29.0307. Suspension or revocation
(a) The Commissioner shall refuse to continue, or shall suspend or revoke, an insurer’s certificate of authority if: (1) as a foreign insurer, it no longer meets the requirements for the authority, or as a domestic insurer, it has failed to cure an impairment of required capitalization within the time allowed therefor by the Commissioner; (2) the insurer knowingly exceeds its charter powers or powers granted under its certificate of authority; or (3) as a foreign or alien insurer, its certificate of authority to transact insurance is suspended or revoked in its domicile. (b) Except in cases of impairment of required capitalization or suspension or revocation by another domicile as referred to in paragraph (a) (3), the Commissioner shall refuse, suspend, or revoke the certificate of authority only after a hearing granted to the insurer unless the insurer waives the hearing in writing.
Frequently Asked Questions About American Samoa § 29.0307
What does American Samoa Code Annotated § 29.0307 cover?
Section 29.0307 ("Suspension or revocation") is part of the American Samoa Code Annotated, the codified statutory law of American Samoa. 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 American Samoa § 29.0307?
A common citation format is "American Samoa Code Annotated § 29.0307" (American Samoa). 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 American Samoa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the American Samoa official source linked on this page or consult a licensed American Samoa attorney.
How does American Samoa § 29.0307 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in American Samoa 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 American Samoa.