An Act relating to transportation network companies and delivery network companies; relating to proof of financial responsibility for suspension for nonpayment of judgments; relating to insurance coverage for transportation of persons for hire; and relating to occupational accident insurance.

Summary

The bill amends Alaska Statute 28.20.330(b) so that any person or company holding a license or non‑resident operating privilege must retain proof of financial responsibility for one year after a judgment against them is stayed or satisfied. This change lets the state verify that the operator remains financially liable while they are authorized to operate.

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