2018 Alaska Statutes
Title 21. Insurance
Chapter 96. Miscellaneous Provisions
Sec. 21.96.030. Payment.

Universal Citation: AK Stat § 21.96.030 (2018)

Unless another form of payment is agreed to by the policyholder or beneficiary, an insurance company doing business in this state may not pay a judgment or settlement of a claim in this state for a loss incurred in this state with an instrument other than a negotiable bank check payable on demand and bearing even date with the date of writing or by electronic funds transfer.

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