There is a newer version of the Alaska Statutes
2002 Alaska Statutes
Title 21 INSURANCE
Chapter 21.36. TRADE PRACTICES AND FRAUDS
Sec. 21.36.130. Stock operations and advisory board contracts.
A person may not issue or deliver or permit its agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in a common law corporation, or securities, or an advisory board contract or other similar contract of any kind promising returns and profits as an inducement to insurance.
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