In addition to the annual audit required by AS 06.65.020(a)(5), the department may require a financial contractor to have an audit conducted of the financial contractor's operations and financial position when the department is concerned about the financial position, the record-keeping practices, or the status of the program accounts of the financial contractor.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 65. Alaska Savings Program for Eligible Individuals
Sec. 06.65.010. Program authorized.
Sec. 06.65.020. General department duties.
Sec. 06.65.030. Modification of program.
Sec. 06.65.040. Additional department powers.
Sec. 06.65.050. Contracting authority; procurement exemption.
Sec. 06.65.060. Investment oversight.
Sec. 06.65.070. Financial contractor obligations.
Sec. 06.65.080. Additional audits.
Sec. 06.65.090. Contract termination; nonrenewal.
Sec. 06.65.100. Eligible individuals.
Sec. 06.65.110. Representative of eligible individual.
Sec. 06.65.120. Program account ownership.
Sec. 06.65.130. Number of program accounts.
Sec. 06.65.140. Program account application.
Sec. 06.65.150. Program account establishment fee.
Sec. 06.65.160. Program account contributions.
Sec. 06.65.170. Limited investment direction.
Sec. 06.65.180. Change of designated beneficiary.
Sec. 06.65.190. Distributions for qualified expenses.
Sec. 06.65.200. Rollover distribution.
Sec. 06.65.220. Preparation and filing.
Sec. 06.65.230. Separate accounting.
Sec. 06.65.250. Use as security.
Sec. 06.65.260. No state obligation.
Sec. 06.65.270. Confidentiality.
Sec. 06.65.280. Exchange of information.
Sec. 06.65.290. Treatment under means test programs.
Sec. 06.65.300. Deposit from permanent fund dividend.
Sec. 06.65.310. Program expense fund.
Sec. 06.65.320. Medicaid claims.
Sec. 06.65.330. Governing law.