In Alaska Stat. § 45.48.510(3), due diligence ordinarily includes performing one or more of the following:

(1) reviewing an independent audit of the third party’s operations and its compliance with Alaska Stat. § 45.48.500 – 45.48.590;
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

(2) obtaining information about the third party from several references or other reliable sources and requiring that the third party be certified by a recognized trade association or similar organization with a reputation for high standards of quality review; or
(3) reviewing and evaluating the third party’s information security policies and procedures, or taking other appropriate measures to determine the competency and integrity of the third party.
  Previous section
Next section  
 Article 4 Contents