(a) A person whose proof of financial responsibility is accepted by the department under Alaska Stat. § 46.03.830 or 46.03.100(f) shall notify the department at least 90 days before the effective date of a change in, or expiration or cancellation of, the proof of financial responsibility. Application for renewal of acceptance of proof of financial responsibility under Alaska Stat. § 46.03.830 or 46.03.100(f) must be filed at least 90 days before the date of expiration.
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Terms Used In Alaska Statutes 46.03.833

  • Fraud: Intentional deception resulting in injury to another.
  • 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
(b) The department, after notice and hearing, may revoke acceptance of proof of financial responsibility if it determines that

(1) acceptance was procured by fraud or misrepresentation; or
(2) a change of circumstance has occurred that warrants revocation under regulations adopted by the department.
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