# Alaska Stat. § 21.27.110: Term of appointment

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.110

## Section

- **Citation:** Alaska Stat. § 21.27.110
- **Heading:** Term of appointment
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 21 / Chapter 21.27 / Section 21.27.110

## Text

(a) An appointment under AS 21.27.100 continues in force until the appointment is terminated in writing.

(b) If an insurer, reinsurer, or authorized representative discovers information showing that the appointee whose appointment was terminated has engaged in an activity identified in AS 21.27.410 during the period of the appointment, the insurer, reinsurer, or authorized representative shall, on a form or in a format prescribed by the director, promptly notify the director.

(c) Within 15 days after providing notification in accordance with (b) of this section, the insurer, reinsurer, or authorized representative shall mail a copy of the notification to the appointee at the last address on record with the insurer, reinsurer, or authorized representative. The notice must be provided by certified mail, return receipt requested, postage prepaid, or by overnight delivery using a nationally recognized mail carrier.

(d) Within 30 days after the appointee receives notification in accordance with (c) of this section, the appointee may file written comments concerning the substance of the notification with the director and shall provide a copy of the written comments to the insurer, reinsurer, or authorized representative. The written comments filed with the director must be included with each report distributed or disclosed concerning a reason about the termination of the appointment.

(e) If requested by the director, an insurer, a reinsurer, or an authorized representative shall provide to the director additional information, documents, records, or other data pertaining to a termination or activity of a licensee under this title.

(f) A notice of termination submitted to the director under this section must include a statement of the reasons for the termination. A statement of the reasons for termination is confidential and not subject to inspection and copying under AS 40.25.110 . A statement of reasons for the termination may not be admitted as evidence in a civil action or an administrative proceeding against an insurer, reinsurer, or authorized representative by or on behalf of a person affected by the termination, except when the action or proceeding involves perjury, unsworn falsification in the second degree, fraud, or failure to comply with this subsection.

(g) If an insurer, a reinsurer, or an authorized representative fails to report as required under this section or is found by a court to have knowingly or intentionally falsely made that report, the director may, after notice and hearing, suspend or revoke the license or certificate of authority of the insurer, reinsurer, or authorized representative and may impose a penalty in accordance with AS 21.27.440 .

## Nearby sections

- [Alaska Stat. § 21.27.010 License required.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.010.md)
- [Alaska Stat. § 21.27.020 General qualifications for license.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.020.md)
- [Alaska Stat. § 21.27.025 Required notice of licensee.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.025.md)
- [Alaska Stat. § 21.27.030 Controlled business disqualification.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.030.md)
- [Alaska Stat. § 21.27.040 Application for license.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.040.md)
- [Alaska Stat. § 21.27.060 Examination of applicants and licensees.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.060.md)
- [Alaska Stat. § 21.27.080 Examinations.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.080.md)
- [Alaska Stat. § 21.27.100 Appointment of insurance producer, managing general agent, and reinsurance intermediary manager; acts of agent.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.100.md)
- [Alaska Stat. § 21.27.110 Term of appointment.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.110.md)
- [Alaska Stat. § 21.27.115 Lines of authority.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.115.md)
- [Alaska Stat. § 21.27.130 Form and content of licenses.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.130.md)
- [Alaska Stat. § 21.27.140 Firm licenses.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.140.md)
- [Alaska Stat. § 21.27.150 Limited licenses.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.150.md)
- [Alaska Stat. § 21.27.152 Travel insurance.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.152.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.27_S21.27.110. Check the current official text before relying on it. Not legal advice.