Alaska Administrative Code
Title 2 - Administration
Chapter 90 - Driver Licensing and Safety Responsibility
Article 3 - Safety Responsibility
2 AAC 90.120 - Security deposit

Universal Citation: 2 AK Admin Code 2 AAC 90.120

Current through February 27, 2024

(a) The security deposit required by AS 28.20.050 must be

(1) in the form of a certified cashier's check or money order in the amount specified by the department; and

(2) payable to the State of Alaska.

(b) A person who deposits security shall specify in writing each person in whose name the deposit is made.

(c) Either the driver or the owner of the motor vehicle may deposit a single security on behalf of both the driver and owner by specifying in writing the names of both and, as long as the deposit remains on deposit in behalf of both, both are considered to have fulfilled the requirement of security.

(d) Security must be deposited with the department within 30 days after the notice to post security was postmarked or delivered in person.

Authority:AS 28.20.020

AS 28.20.050

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.