Alaska Statutes 28.20.470 – Bond as proof
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Terms Used In Alaska Statutes 28.20.470
- department: means the Department of Administration. See Alaska Statutes 28.90.990
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
Proof of financial responsibility may be evidenced by the bond of a surety company authorized to transact business in this state. The bond shall be conditioned for payment of the amounts specified in Alaska Stat. § 28.20.230. The bond shall be filed with the department and may not be cancellable except after 10 days’ written notice to the department.