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(a) Excess contributions are considered unclaimed if
(1) delivery of the refund through the postal service to the address of record is unsuccessful; and
(2) reasonable attempts by the department to locate a current address are unsuccessful.
(b) The department will promptly deposit unclaimed excess contributions in the unemployment compensation fund. The department will record the name, the last known address, and the amount due for each employer or employee entitled to an unclaimed refund. The department will make the record available for public inspection at all reasonable business hours.
History: Eff. 4/11/90, Register 114; am 5/23/2003, Register 166
Authority: AS 23.20.045
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Last modified 7/05/2006