Grounds for conservation, foreign insurers.

  1. Law
  2. Alaska Statutes
  3. Insurance
  4. Rehabilitation and Liquidation
  5. Grounds for conservation, foreign insurers.

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The director may apply to the court for an order appointing the director as receiver or ancillary receiver, and directing the director to conserve the assets in this state, of a foreign insurer upon

(1) any of the grounds specified in AS 21.78.040 or 21.78.050; or

(2) the ground that it's property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.


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