(a) Except as otherwise provided in (b) of this section, a holder required to file a report under AS 34.45.280 shall maintain the records containing the information required to be included in the report for 10 years after the holder files the report, unless a shorter period is provided by regulations adopted by the department.
(b) A business association that sells, or provides such instruments to others for sale, in the state its traveler's checks, money orders, or other similar written instruments, other than third-party bank checks on which the business association is directly liable, shall maintain a record of the instruments while they remain outstanding, indicating the state and date of issue, for three years after the date the property is reportable.
Structure Alaska Statutes
Chapter 45. Unclaimed Property
Article 4. Reporting and Disposition of Personal Property.
Sec. 34.45.280. Report of abandoned personal property.
Sec. 34.45.290. Requests for reports and examination of records.
Sec. 34.45.300. Retention of records.
Sec. 34.45.310. Notice and publication of lists of unclaimed property.
Sec. 34.45.320. Payment or delivery of abandoned property.
Sec. 34.45.330. Custody by state.
Sec. 34.45.340. Crediting of dividends, interest, or increments to owner's account.