Statutes, codes, and regulations
Alaska Administrative Code
Title 3 - Commerce, Community, and Economic DevelopmentPart 2 - Division of InsuranceChapter 23 - Producers, Managing General Agents, Surplus Lines Brokers, Reinsurance Intermediary Managers, Reinsurance Intermediary Brokers, Third Party Administrators, and Independent Adjusters
Article 4 - Fiduciary Responsibilities of Licensees
Section 3 AAC 23.560 - Estimated billings

3 Alaska Admin. Code § 23.560

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Current through December 21, 2024
Section 3 AAC 23.560 - Estimated billings
(a) If a licensee estimates a billing, and the estimate differs from the insurer's invoice, the adjustment of a licensee's estimated billing must occur within a reasonable amount of time, not to exceed 31 business days after the licensee's receipt of notice of actual billing.
(b) Failure to comply with (a) of this section is a violation of AS 21.27.350 and 21.27.360.

3 AAC 23.560

Eff. 8/29/90, Register 115

Authority:AS 21.06.090

AS 21.27.350

AS 21.27.360