Alaska Statutes 21.69.210 – Penalty for exhibiting false accounts, etc
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 21.69.210
- 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.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
A person determined by the director, following an appropriate hearing as provided in Alaska Stat. § 21.06.170 – 21.06.230, to have knowingly exhibited, with intent to deceive, a false account, document, or advertisement, relative to the affairs of an insurer, or of a corporation or syndicate of the kind enumerated in Alaska Stat. § 21.69.060, formed or proposed to be formed, is subject to a civil penalty of not more than $25,000.