# Alaska Stat. § 21.55.020: Board of directors; organization

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.020

## Section

- **Citation:** Alaska Stat. § 21.55.020
- **Heading:** Board of directors; organization
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 21 / Chapter 21.55 / Section 21.55.020

## Text

(a) The board of directors of the association consists of seven individuals. Five board members shall be selected by association members, subject to approval by the director of the division of insurance, and two board members shall be consumers selected by the director of the division of insurance. The director or the director's designee is a nonvoting ex officio member of the board. A member of the board serves for a term of three years and may be reappointed to an unlimited number of terms. The term of a board member shall continue until a successor is appointed.

(b) In approving members of the board, the director shall consider, among other things, whether all types of association members are fairly represented.

(c) In determining voting rights at association meetings, an association member is entitled to vote in person or by proxy. The vote shall be a weighted vote based on the association member's share of assessments as determined under AS 21.55.220 .

(d) At board meetings, a board member is entitled to one vote in person or by proxy.

(e) A member of the board may be reimbursed from the association for expenses incurred as a result of board activities, but may not otherwise be compensated for services by the association. The costs of conducting meetings of the association and its board of directors shall be the responsibility of the members of the association.

(f) The board shall study and prepare a report at least once every three years on the effectiveness of this chapter. The report must include an analysis of the effectiveness of this chapter in promoting rate stability, product availability, and affordability of coverage. The report may contain recommendations for legislative or other regulatory action. The board shall notify the legislature that the report is available.

(g) In this section, “board” means the board of directors of the association.

## Nearby sections

- [Alaska Stat. § 21.55.010 Creation; membership; information from members.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.010.md)
- [Alaska Stat. § 21.55.020 Board of directors; organization.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.020.md)
- [Alaska Stat. § 21.55.030 General powers.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.030.md)
- [Alaska Stat. § 21.55.040 Plan of operation.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.040.md)
- [Alaska Stat. § 21.55.050 Administrative Procedure Act.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.050.md)
- [Alaska Stat. § 21.55.060 Tax exemption.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.060.md)
- [Alaska Stat. § 21.55.100 Types of insurance plans.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.100.md)
- [Alaska Stat. § 21.55.110 Minimum benefits of state health insurance plan.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.110.md)
- [Alaska Stat. § 21.55.120 Deductibles and copayments.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.120.md)
- [Alaska Stat. § 21.55.130 Preexisting conditions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.130.md)
- [Alaska Stat. § 21.55.140 Care and services not covered.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.140.md)
- [Alaska Stat. § 21.55.150 State plan premiums.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.150.md)
- [Alaska Stat. § 21.55.200 Selection of a plan administrator.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.200.md)
- [Alaska Stat. § 21.55.210 Duties of plan administrator.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.210.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.55_S21.55.020. Check the current official text before relying on it. Not legal advice.