Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 21 - Insurer - Financial
Article 7 - Financial Examination of and Annual Audit Reporting Requirements for Admitted Insurers
3 AAC 21.735 - Notification of adverse financial condition
Current through February 24, 2025
(a) The notification requirements of the independent certified public accountant and the insurer under AS 21.09.200 ( l) must be completed within five working days after the determination or notice of determination.
(b) If an independent certified public accountant becomes aware of facts after the filing date of the annual audited financial report that might have affected the report, the independent certified public accountant shall take action as prescribed in the American Institute of Certified Public Accountants' AU Section 561: Subsequent Discovery of Facts Existing at the Date of the Auditor's Report, dated July 9, 2007 and adopted by reference.
The American Institute of Certified Public Accountants' AU Section 561: Subsequent Discovery of Facts Existing at the Date of the Auditor's Report, dated July 9, 2007, may be obtained from the American Institute of Certified Public Accountants' website at http://www.aicpa.org.
Authority:AS 21.06.060
AS 21.06.090
AS 21.09.200
