Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 21-75-110 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 21 - Insurance/
  5. Chapter 75 - Reciprocal and Cooperative Insurers/
  6. Article 1 - Reciprocal Insurers.sec. 21.75.010. Applicability/
  7. § 21-75-110
Alaska Legal Code

§ 21-75-110

Ask AI about this
Action on the attorney-in-fact's bond or to recover against a deposit made in lieu of the bond may be brought at any time by one or more subscribers suffering loss through a violation of its conditions, or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of the bond.