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AK SB181
Bill
AI Summary
- Amends AS 06.01.015(a) to modify examination requirements for financial institutions regulated under Alaska law
- Exempts licensees subject to AS 06.40 (premium finance companies) from the mandatory 18-month examination requirement
- Grants the department discretionary authority to conduct additional examinations of all financial institutions
- Allows the department to examine premium finance companies at its discretion rather than on a mandated schedule
- Introduced February 9, 2018 by request of the Governor
Legislative Description
Premium Finance Companies : Exam Reqs
Licensing
Last Action
REFERRED TO LABOR & COMMERCE
2/9/2018
Committee Referrals
Labor & Commerce2/9/2018
Full Bill Text
No bill text available