Section 3.23.570. Frequency of financial statements.  


Latest version.
  • 	(a)  A licensee who accepts money in a fiduciary capacity shall prepare financial statements under AS 21.27.350(c) and 3 AAC 23.500 - 3 AAC 23.720 on a basis no less frequent than annually.  
    	(b)  A licensee's financial statements shall be maintained for the period specified in AS 21.27.350(b).  
    	(c)  Failure to comply with (a) or (b) of this section is a violation of AS 21.27.350 and 21.27.360.  
    

Authorities

21.06.090;21.27.350;21.27.360

Notes


Authority
AS 21.06.090 AS 21.27.350 AS 21.27.360
History
Eff. 8/29/90, Register 115; am 3/30/2003, Register 165