(a) An automobile service corporation shall establish and maintain complete and accurate records and accounts covering its transactions and affairs in accordance with generally accepted accounting principles as applied to the business of the corporation.
(b) The director may accept an audited financial statement instead of the examination required under AS 21.06.120.
Structure Alaska Statutes
Chapter 59. Motor Vehicle Service Corporations and Contracts
Article 1. Automobile Service Corporations.
Sec. 21.59.010. Applicability.
Sec. 21.59.020. Incorporation and certificate of authority required.
Sec. 21.59.030. Qualifications for certificate of authority.
Sec. 21.59.040. Certificate of authority.
Sec. 21.59.060. Records and accounts.