Alaska Statutes 21.69.090 – Issuance of permit

Upon the filing of the bond required by Alaska Stat. § 21.69.140 after notice by the director, the director shall

(1) file the articles of incorporation of the proposed incorporated insurer or other corporation with the commissioner;

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Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(2) issue to the applicant a solicitation permit.