Alaska Administrative Code
Title 11 - Natural Resources
Part 6 - Lands
Chapter 82 - Mineral Leasing Procedure
Article 4 - Competitive Bidding
11 AAC 82.425 - Bid deposit

Universal Citation: 11 AK Admin Code 82.425

Current through August 30, 2024

Any bid deposit required by statute, regulation, or instruction provided by the department must be in United States dollars and in one of the following forms of payment or combination of forms of payment

(1) cash;

(2) cashier's or certified check drawn on any solvent bank in the United States and made payable to the Department of Natural Resources;

(3) money order made payable to the Department of Natural Resources; or

(4) electronic funds transfer, wire transfer, or automated clearing house transaction for the use and benefit of the state, including if a third-party vendor approved by the department hosts an online disposal.

Authority:AS 38.05.020

AS 38.05.145

AS 38.05.860

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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