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Alaska Statutes.
Title 34. Property
Chapter 45. Unclaimed Property
Section 300. Retention of Records.
previous: Section 290. Requests For Reports and Examination of Records.
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AS 34.45.300. Retention of Records.

(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.


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Last modified 9/3/2005