The association may

(1) exercise the powers granted to insurers under the laws of the state;
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Terms Used In Alaska Statutes 21.55.030

  • 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) sue or be sued;
(3) enter into contracts with insurers, similar associations in other states, or with other persons for the performance of administrative functions;
(4) establish administrative and accounting procedures for the operation of the association; and
(5) receive funds from sources other than members of the association.
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