Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.59. MOTOR VEHICLE SERVICE CORPORATIONS AND CONTRACTS. |
Article 21.59.01. AUTOMOBILE SERVICE CORPORATIONS. |
Section 21.59.060. Records and accounts.
Latest version.
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(a) An automobile service corporation shall establish and maintain complete and accurate records and accounts covering its transactions and affairs in accordance with generally accepted accounting principles as applied to the business of the corporation.
(b) The director may accept an audited financial statement instead of the examination required under AS 21.06.120.
Notes
History
(Sec. 1 ch 135 SLA 1984)