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(a) Subject to (b) of this section, if the division pays a vendor to establish a grant under 6 AAC 94.150(b) , the division will require a refund from the vendor in the amount of any unused credit or overpayment, including
(1) an overpayment by the division or a payment disbursed in error;
(2) unused credit remaining if the grantee closes the grantee's account with the vendor; or
(3) unused credit remaining if the grantee dies and no surviving family member continues to use the account; and
(4) unused credit remaining on the grantee's account one year after the date the division made payment to the vendor to establish the grantee's credit account.
(b) The division will, in its discretion, waive its right to a refund of an overpayment or unused credit if the division determines that the amount to be refunded is minimal and that a waiver is in the best interest of the state.
History: Eff. 4/8/2000, Register 154
Authority: AS 26.23.020
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Last modified 7/05/2006