Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 02 - Banking
Article 1 - Powers of the Department of Commerce
3 AAC 02.020 - Reports to the department

(a) A bank shall prepare the quarterly reports of condition required under AS 06.05.045(a) on the FFIEC Consolidated Reports of Condition and Income form and, if the bank is required to file the form with the FDIC or the Federal Reserve Bank, the report to the department must be a duplicate of the form filed with that agency.

(b) If compatible and with the approval of the department, a bank may file reports required by the department by means of electronic mail. If a signature is otherwise required, the department may accept an electronic signature in lieu of an original signature. If a bank files a report under this section, the bank shall maintain the original version of the report until the next examination by the department.

(c) In performing its annual examination of a state bank to be submitted to the department as required under AS 06.05.438(d), the board of directors shall have the books and records of the bank examined and a report prepared by an independent certified public accountant who has no interest, financial or otherwise, in the bank.