Alaska Statutes: AS 43.82.620. Procedures For Collection of Amounts Due; Security.

Alaska Statutes. Title 43. Revenue and Taxation Chapter 82. Alaska Stranded Gas Development Act Section 620. Procedures For Collection of Amounts Due; Security.

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AS 43.82.620. Procedures For Collection of Amounts Due; Security.

(a) The commissioner may adopt procedures for the collection of amounts due the state under a contract developed under AS 43.82.020 , including the collection of interest and penalties.
(b) The commissioner may require a party to a contract developed under AS 43.82.020 to provide security sufficient to guarantee amounts due under the contract.

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