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Title 8 . Labor and Workforce Development
Chapter 97 . Collective Bargaining Among Public Employees
Section 305. Escrow account for disputed service fees

8 AAC 97.305. Escrow account for disputed service fees

A labor organization or employee association shall maintain an escrow account for disputed dues, initiation fees, assessments, and service fees and shall hold amounts in dispute in escrow. The escrow account must be in a federally insured financial institution. If the payments from more than one objector are combined, records must be kept of each payment and of the interest that the payment earns. The labor organization or employee association shall bear the cost of maintaining the account.

History: Eff. 4/14/95, Register 134

Authority: AS 23.05.380

AS 23.40.170

AS 23.40.225

AS 42.40.820

AS 42.40.880

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Last modified 7/05/2006