1. (a) The individual designated as compliance officer of a firm under AS 21.27.020(c)(3) is the person responsible for the firm's

   1. (1) compliance with the insurance statutes and regulations of this state;
   2. (2) maintenance of adequate records; and
   3. (3) proper handling of all money received by the firm in a fiduciary capacity.
2. (b) Repealed 3/30/2003.
3. (c) Repealed 3/30/2003.
4. (d) Repealed 3/30/2003.

(Eff. 8/29/90, Register 115; am 8/4/94, Register 131; am 3/30/2003, Register 165)