On October 1, 2019, the Department of Commerce, Community, and Economic Development adopted regulation changes in Title 12, Chapter 02 of the Alaska Administrative Code. The regulations concern the standards for equivalent coverage for errors and omissions insurance held by Real Estate Commission licensees.
The regulation changes were reviewed and approved by the Department of Law, signed and filed by the Lieutenant Governor on October 29, 2019, and will go into effect on November 28, 2019. See attached copy of the filed version of the regulations.
The new regulation changes will be printed in Register 232, January 2020 of the Alaska Administrative Code.