Section 06.01.010. Examination and investigation fees and assessments.

   (a) The expenses of the department reasonably incurred in the examination or investigation of all financial institutions or applications to establish financial institutions regulated by the department under this title shall be charged to and paid by each financial institution as provided in (b) and (d) of this section.
   (b) Except for deposit institutions, the  commissioner shall assess every financial institution  and every applicant to establish a financial institution  a fee for the actual expenses necessarily incurred by the department in connection with any examination or investigation, whether regular or special.  The commissioner shall assess every deposit institution and every applicant to establish a deposit institution a fee for the actual expenses necessarily incurred by the department in connection with any special examination or investigation.  A  fee assessed under this subsection must include the proportionate part of the salaries and cost of employee benefits of the examiners while conducting examinations or investigations and while preparing reports of them, and transportation costs and per diem of each examiner while away from the examiner's duty station.  The  cost to the financial institution in connection with an examination may not exceed the actual cost to the department of the examination.  The assessment shall be made by the commissioner as soon as feasible after the examination or investigation has been completed.  The assessment must  be  received by the department  within 30 days after receipt of notice of the assessment by the institution.
   (c)   [Repealed, Sec. 102 ch 26 SLA 1993]. 
   (d) The commissioner shall adopt regulations providing for semiannual assessments of deposit institutions.  An assessment must be based on the amount of assets of a deposit institution and must cover, but may not exceed, the aggregate cost of periodic examinations of the deposit institution.
   (e) An exam fee or other charge assessed to a state financial institution under this section may not exceed a fee or other charge assessed for the same type of exam or service to a similarly situated federally-chartered financial institution.
   (f) In this section "deposit institution" means a state financial institution that has obtained authority from the department to receive deposits of the type eligible to be insured by an agency of the federal government.

Authorities

6.05.235; 6.05.344; 6.05.399; 6.05.565; 6.05.570; 6.20.030; 6.20.170; 6.26.090; 6.26.720; 6.26.870; 6.40.050; 6.40.100; 6.45.040

Notes

Implemented As

3 AAC 01.110
3 AAC 02.209
3 AAC 04.010
3 AAC 06.210
3 AAC 06.220
3 AAC 06.230
3 AAC 06.325
3 AAC 06.399
3 AAC 07.020

References

3 AAC 01.110
3 AAC 02.209
3 AAC 02.215
3 AAC 03.105
3 AAC 03.220
3 AAC 03.260
3 AAC 03.310
3 AAC 03.320
3 AAC 03.340
3 AAC 06.210
3 AAC 06.325
8 AAC 46.045
AS 6.05.235 .235">Sec. 06.05.235. Bank holding companies.
AS 6.05.344 .344">Sec. 06.05.344. Application for approval of state bank.
AS 6.05.399 .399">Sec. 06.05.399. Application for certificate of authority for branch bank or change of location.
AS 6.05.565 .565">Sec. 06.05.565. Applicability of title to interstate state banks, interstate national banks, international banks, and bank holding companies.
AS 6.05.570 .570">Sec. 06.05.570. Out-of-state bank holding companies.
AS 6.20.030 .030">Sec. 06.20.030. Fees and charges.
AS 6.20.170 .170">Sec. 06.20.170. Periodic examination.
AS 6.26.090 .090">Sec. 06.26.090. Application for certificate of authority.
AS 6.26.720 .720">Sec. 06.26.720. Sale of assets.
AS 6.26.870 .870">Sec. 06.26.870. Examinations; periodic reports; cooperative agreements; assessment of fees.
AS 6.40.050 .050">Sec. 06.40.050. Application for license; fee; disclosure for child support purposes; interrogatories; refusal to issue or continue license.
AS 6.40.100 .100">Sec. 06.40.100. Record keeping; examination of records; report.
AS 6.45.040 .040">Sec. 06.45.040. Fees.

History

(Sec. 42 ch 169 SLA 1978; am Sec. 8, 9 ch 36 SLA 1990; am Sec. 1, 2, 102 ch 26 SLA 1993)