Alaska Stat. § 10.13.600

Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 10.13.600 - Examination of licensees and subsidiaries
(a) The department may at any time examine a licensee or a subsidiary of a licensee. Licensure under this chapter constitutes implied consent to examination by the department.
(b)[Repealed, Sec. 4 ch 26 SLA 2018.]
(c) At the department's request the following persons shall provide to the department the books, accounts, and records of a licensee or a licensee's subsidiary and shall otherwise facilitate the department's examination of the licensee to the fullest extent possible:
(1) a director, officer, or employee of a licensee being examined by the department;
(2) a director, officer, or employee of a subsidiary of a licensee being examined by the department;
(3) a person having custody of the books, accounts, or records of a licensee being examined by the department;
(4) a person having custody of the books, accounts, or records of a subsidiary of a licensee being examined by the department.
(d) The department may retain a certified public accountant, attorney, appraiser, or other person to assist the department in the examination of a licensee or a subsidiary of a licensee if the department determines that the assistance is necessary. Within 10 days after receipt of a statement from the department, the licensee being examined shall pay the fees of a person retained by the department under this subsection.

AS 10.13.600

Amended by SLA 2018, ch. 27,sec. 4, eff. 9/13/2018.