(a) The department may at any time examine a licensee or a subsidiary of a licensee. Licensure under this chapter constitutes implied consent to examination by the department.
Terms Used In Alaska Statutes 10.13.600
person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
(b)[Repealed, Sec. 4 ch 26 SLA 2018.](c) At the department’s request the following persons shall provide to the department the books, accounts, and records of a licensee or a licensee’s subsidiary and shall otherwise facilitate the department’s examination of the licensee to the fullest extent possible:
(1) a director, officer, or employee of a licensee being examined by the department;(2) a director, officer, or employee of a subsidiary of a licensee being examined by the department;(3) a person having custody of the books, accounts, or records of a licensee being examined by the department;(4) a person having custody of the books, accounts, or records of a subsidiary of a licensee being examined by the department.(d) The department may retain a certified public accountant, attorney, appraiser, or other person to assist the department in the examination of a licensee or a subsidiary of a licensee if the department determines that the assistance is necessary. Within 10 days after receipt of a statement from the department, the licensee being examined shall pay the fees of a person retained by the department under this subsection.
