(a) AS 21.09.400 - 21.09.460 do not prescribe or impose a corporate governance standard or internal procedure beyond that required under AS 10. Nothing in AS 21.09.400 - 21.09.460 limits the director's authority or the rights or obligations of a third party. (b) AS 21.09.400 - 21.09.460 apply to an insurer domiciled in this state.
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