Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 14 - Mortgage Lending
Article 7 - Business Duties and Restrictions, and Disciplinary Action
3 AAC 14.525 - Investigation and examination of an exempt bona fide nonprofit organization

The department shall investigate and examine the affairs, business, office, and records of an exempt bona fine nonprofit organization at intervals the department considers appropriate as necessary to carry out the purposes of this chapter. The department may conduct an examination without prior notice. Examination fees are to be charged to and paid by the organization in accordance with AS 06.01.010. The department may maintain an action for the recovery of the costs in any court of competent jurisdiction. Not later than 30 days after the department requests payment, the licensee shall pay the department the cost of examination in accordance with AS 06.01.010 and any expenses required for each representative of the department who is reasonably necessary to conduct the investigation or examination, including travel costs and per diem allowance that does not exceed the allowance for employees of the state under AS 39.20.110

Authority:AS 06.60.015

AS 06.60.910