This chapter does not apply to

(1) an insurer authorized to transact business in this state with respect to premiums on policies that the insurer issues;
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Terms Used In Alaska Statutes 06.40.020

  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(2) a bank, trust company, savings association, or other financial institution subject to the other chapters of this title and authorized to transact business in this state that does not possess or acquire any right, title, or interest with respect to the insurance policy for which the premiums are financed other than in the proceeds of it in the event of loss;
(3) the inclusion of a charge for insurance in connection with an installment sale under Alaska Stat. Chapter 45.10; and
(4) persons licensed under Alaska Stat. Chapter 21.27 financing only their own accounts if they are in compliance with Alaska Stat. § 21.36.490.
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