If an authorized control level event occurs, the director shall take the action necessary
(1) under AS 21.14.030(a) against the insurer; or
(2) to place the insurer under regulatory control under AS 21.78.
If an authorized control level event occurs, the director shall take the action necessary
(1) under AS 21.14.030(a) against the insurer; or
(2) to place the insurer under regulatory control under AS 21.78.