The department shall by regulation adopted under AS 44.62 (Administrative Procedure Act) establish fees for processing claims on dividends received by the department under AS 43.23.065 , 43.23.067, or 43.23.072 and for processing assignments of dividends received by the department under AS 43.23.069 (b). The fees shall cover the administrative expenses of the department associated with the claims and assignments. Fees shall be deducted from the amount of the dividend remaining after payment of the portion claimed or assigned, or, if the entire dividend is claimed or assigned, the fees shall be deducted before the dividend is paid to the creditor or assignee.
Section: Previous 43.23.062 43.23.065 43.23.066 43.23.067 43.23.068 43.23.069 43.23.070 43.23.071 43.23.072 43.23.073 43.23.075 43.23.080 43.23.085 43.23.090 43.23.095 NextLast modified: November 15, 2016