3 Alaska Admin. Code § 01.110

Current through October 17, 2024
Section 3 AAC 01.110 - Semiannual assessment of deposit institutions
(a) The department will assess a state-chartered deposit institution a regulatory fee based on total assets shown in the December 31 and June 30 report of condition. The assessment will be collected semiannually and will be computed using the following schedule:
(1) up to $20,000,000; $6,000;
(2) $20,000,001 or more, but not over $100,000,000; $8,000 plus .000124 of total assets over $20,000,000;
(3) $100,000,001 or more, but not over $200,000,000; $18,000 plus .000122 of total assets over $100,000,000;
(4) $200,000,001 or more, but not over $300,000,000; $31,000 plus .000114 of total assets over $200,000,000;
(5) $300,000,001 or more, but not over $500,000,000; $43,000 plus .000061 of total assets over $300,000,000;
(6) $500,000,001 or more, but not over $1,000,000,000; $56,000 plus .000038 of total assets over $500,000,000;
(7) $1,000,000,001 or more, but not over $3,000,000,000; $80,000 plus .000023 of total assets over $1,000,000,000;
(8) over $3,000,000,001; $126,000 plus .000015 of total assets over $3,000,000,000.

3 AAC 01.110

Eff. 11/28/92, Register 124; am 3/4/2018, Register 225, April 2018

Authority:AS 06.01.010

AS 44.81.270