Penalties. — Alaska Code § 21.23.070
Alaska Code § 21.23.070 — Penalties.. Reproduced from the official Alaska Statutes, with a citation summary, verification link, and related provisions.
§ 21.23.070. Penalties.
An insurer shall pay $1,000 for each day the insurer fails to file the report within the time required in AS 21.23.030 (a), not to exceed $365,000. The director may reduce the penalty under this section if the insurer demonstrates to the director that the imposition of the penalty is a financial hardship to the insurer.
Source: official Alaska text · Last verified 2026-08-27
At a glance
- Citation: Alaska Statutes § 21.23.070
- Jurisdiction: Alaska
- Code: Alaska Statutes
- Subject: Penalties.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Alaska Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Alaska attorney.
Common questions
What is the source of Alaska Statutes § 21.23.070?
The text above is transcribed from the Alaska Statutes, the codified statutes of Alaska. The official publisher link appears under "Verify the text" on this page.
What subject does Alaska Statutes § 21.23.070 address?
It addresses "Penalties.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Alaska Statutes § 21.23.070 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Alaska source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Alaska law to your facts requires a licensed Alaska attorney who can review the specifics.