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2017 Alaska Statutes
Title 21. Insurance
Chapter 66. Title Insurance Companies
Sec. 21.66.190. Limitations on powers.
Universal Citation: AK Stat § 21.66.190 (2017)
(a) An insurer that transacts any class or kind of insurance other than title insurance is not eligible for the issuance or renewal of a certificate of authority to transact the business of title insurance in this state.
(b) A title insurance company may not engage in the business of guaranteeing the payment of the principal or the interest of bonds or other obligations.
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