Alaska Administrative Code

Alaska Administrative Code Title 1 - General Provisions Title 2 - Administration Title 3 - Commerce, Community, and Economic Development Title 4 - Education and Early Development Title 5 - Fish and Game Title 6 - Governor's Office Title 7 - Health and Social Services Title 8 - La…

The annual fee for a certificate of compliance for one aircraft is $50, for two aircraft is $100, and for a fleet of three or more aircraft is $150. Notes 3 AAC 38.010 Eff. 12/12/89, Register 113; am 4/15/90, Register 114 Authority:AS 42.30.225(b) State regulations are updated qu…

(a) Guaranty of loans by the Division of Veterans' Affairs shall provide that the notice of default is to be given within 90 days after default, and that such notice shall be in writing. If such notice is not given in writing within 90 days after default in interest or principal …

(a) To apply for an assumption of an existing single family, multiple dwelling, or small business veterans' loan, an applicant shall file with the department (1) a completed application for a veterans' loan assumption, on a form provided by the department; (2) an individual finan…

(a) The materials described in 3 AAC 41.010 will be processed and evaluated by a loan officer. The loan officer will evaluate the applicant's financial and credit history, ability to repay, and proposed collateral. (b) On the basis of the evaluation, the loan officer will either …

(a) A loan committee consists of one or more persons appointed by the director to act on a request for assumption. (b) A loan committee may approve, deny, or modify and approve a request for assumption, or may table a request subject to obtaining additional information. (c) A loa…

(a) The department will, in its discretion, consider the following factors in evaluating an applicant's financial and credit record: (1) existing and prior debts; (2) credit reports obtained from creditors and private credit reporting services; (3) prior loan history with the dep…

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption: (1) income history, including present income; (2) prospects for future income; (3) assets and their liquidity; and (4) liabilities. Notes 3 …

An assumption agreement will be considered by the department to be closed when (1) all required signatures have been obtained and the assumption agreement has been properly recorded; (2) repealed 8/10/97; (3) all requirements of the loan committee have been met; and (4) the borro…

If a loan is in default, the department will, in its discretion, require the borrower to furnish annual financial statements consisting of a balance sheet, profit-and-loss statement, sources and application of all money received, and a schedule of change of owner's equity. The de…

(a) All expenses incurred by the department in processing an application must be paid by the applicant. These expenses include the cost of title reports and insurance, recording fees, appraisals, surveys, travel, and other direct costs. (b) An assumption fee of one percent of the…

(a) The department will, in its discretion, allow an assumption of a loan made under AS 26.15 and this chapter, if the department determines the assumption is in the best interests of the state. (b) A request for an assumption of a loan made under AS 26.15 and this chapter will b…

(a) A request for a modification to a loan made under AS 26.15 or assumed under this chapter will be processed in the same manner as a loan application. The department will, in its discretion, require one or more of the items specified in 3 AAC 41.010. (b) A loan committee may pe…

(a) If an assumption request is denied, inactivated, or significantly modified by the department, an applicant may file a written request for reconsideration within 30 days after receipt of notice of the department's decision. (b) The department will, in its discretion, reconside…

(a) The following information is not confidential and is available for public inspection upon request:(1) a document that is already a public record including deeds of trust, financing statements, warranty deeds, bills of sale, mortgages, liens, and vehicle titles; (2) general in…

Unless the context requires otherwise, in this chapter (1) repealed 8/10/97; (2) "default" means a violation of any term of the loan document, or failure to make the necessary payment within fifteen days of when it is due, or failure to maintain the insurance required by the depa…

(a) A petition filed under this chapter must be in writing and formatted in compliance with 3 AAC 48.025 and 3 AAC 48.100. (b) The commission will docket and consider, in a formal proceeding in conformance with 3 AAC 48.060(a) - (c), a petition filed under this chapter, except th…

(a) A request for commission action under this chapter that is not required to be in the form of a petition or an application must be filed in the form of a motion. (b) A motion filed under this chapter must be filed in compliance with the requirements of 3 AAC 48.090 - 3 AAC 48,…

(a) A petition for exemption filed under AS 42.05.760(d) by all load-serving entities within an interconnected bulk-electric system must be filed not later than 90 days after the commission provides notice under AS 42.05.760(c) to the load-serving entities. (b) If a petition for …

(a) A petition under AS 42.05.760(f) for an interconnected electric energy transmission network that is not an interconnected bulk-electric system must include (1) verification, signed by a person authorized to sign on behalf of the petitioner, that the load-serving entity filing…

(a) In a certificate issued to an electric reliability organization, the commission will describe the nature and extent of the authority granted to the organization under AS 42.05.760 - 42.05.790 for an interconnected electric energy transmission network. (b) The certificate of a…

(a) The commission may issue a certificate to an applicant formed with a balanced stakeholder board under AS 42.05.762(4)(B)(ii) only after the commission finds that the stakeholder board is balanced. (b) A stakeholder board is balanced if (1) the composition of the board is base…

(a) The commission may issue a certificate to an applicant formed with an independent board consistent with AS 42.05.762(4)(B)(i) only after the commission finds that the board is, and has rules to ensure that it is likely to remain, independent. A board is Independent if no boar…

(a) An application for a certificate for an electric reliability organization with a balanced stakeholder board consistent with AS 42.05.762(4)(B)(ii) or combination independent and balanced stakeholder board consistent with AS 42.05.762(4)(B)(iii) has a rebuttable presumption th…

(a) An application for certification as an electric reliability organization must include (1) the applicant's mailing address, business telephone number, electronic mail address, legal name and name under which it proposes to do business, and if applicable, business address and f…

(a) The commission will open a docket to form an electric reliability organization for an interconnected bulk-electric system if(1) required under AS 42.05.760(e); (2) the certificate of the electric reliability organization serving an interconnected bulk-electric system expires …

(a) To ensure that the electric reliability organization and its directors act independently of the users, owners, and operators of the interconnected electric energy transmission network, directors, employees, and members of committees shall abide by rules that must, at a minimu…

(a) An electric reliability organization shall file a notice of penalty and the record of its proceeding with the commission and provide a copy of the notice of penalty to the entity that is the subject of the penalty. A notice of penalty by the electric reliability organization …

(a) Upon notification of a potential violation of a reliability standard or on its own motion, the commission may direct the electric reliability organization to investigate the potential violation in accordance with the electric reliability organization's tariff. (b) The commiss…

(a) An entity subject to a penalty imposed by the electric reliability organization may appeal the penalty amount or imposition to the commission not later than 10 business days after receiving notice of the penalty. (b) An appeal under this section is initiated by serving and fi…

(a) Monetary penalties imposed under this chapter by an electric reliability organization must be remitted to the electric reliability organization and must be used to offset the costs of the electric reliability organization. (b) Monetary penalties imposed by the commission must…

(a) On or before October 1 of each year, an electric reliability organization shall electronically file with the commission, in accordance with 3 AAC 48.095, on a form provided by the commission, a report containing (1) the organizational structure for the electric reliability or…

(a) An electric reliability organization transmitting to the commission a petition for a new or updated integrated resource plan must transmit the petition under a consecutively numbered cover letter designated as "Electric Reliability Organization Petition Letter No. 1, 2, 3, et…

(a) Under AS 42.05.780, an electric reliability organization shall submit a proposed integrated resource plan to the commission. The integrated resource plan must address a forecast period of not less than 20 calendar years from the date of filing and must include portfolios, inc…

(a) Not later than 45 days after receipt, the commission will approve, reject, or suspend an integrated resource plan or plan update filed under a petition letter from an electric reliability organization. (b) If the commission approves an integrated resource plan, the commission…

(a) Unless a complete integrated resource plan consistent with the requirements of 3 AAC 46.230 is required, an electric reliability organization shall file a plan update within two years after the filing of its previous integrated resource plan. A plan update must include (1) an…

(a) Not later than 20 calendar days before filing an integrated resource plan with the commission, an electric reliability organization shall (1) make a good faith effort to electronically notify each registered entity of its intent to file an integrated resource plan and make av…

(a) Upon certification of an electric reliability organization, any large energy facility that has not yet completed construction is subject to the requirements of AS 42.05.785. (b) A utility that has undertaken but not completed a large energy facility before commission approval…

(a) Unless otherwise provided, the regulatory notice period for a tariff filing does not begin until the filing electric reliability organization has complied with this section. If an electric reliability organization submits a tariff filing that does not meet all of the notice a…

(a) Every tariff filing required by 3 AAC 46.320 - 3 AAC 46.430, except a filing directly related to an application for a new or amended certificate, must be transmitted to the commission by a consecutively numbered tariff letter, as set out in 3 AAC 46.320(c). A tariff letter ma…

(a) An electric reliability organization shall maintain a current tariff on its website. The electric reliability organization shall also either maintain a paper copy of its current tariff or provide electronic access to that tariff at the electric reliability organization's prim…

(a) An electric reliability organization may not deviate from its effective tariff or refuse to apply it uniformly without prior commission approval. (b) Errors occurring in an effective tariff that result solely from a typographic or reproduction mistake must, upon discovery, be…

(a) The tariff of an electric reliability organization must contain (1) a title page, including (A) the name of the electric reliability organization issuing the tariff, as listed on the electric reliability organization's certificate; (B) a description of the interconnected bulk…

The commission may prescribe, on a case-by-case basis, one or more appropriate means by which a tariff filing must be noticed to the public, including (1) individual notice to all users, owners, or operators directly affected by the tariff filing, by United States mail, electroni…

(a) Comments must be filed either electronically, including by electronic mail, or on paper. Any person desiring to submit a comment in response to a tariff filing may be asked to do so not later than 20 days after the date the commission issues the public notice. Every notice to…

(a) The commission may reject a tariff filing that is received by the commission in a form, or is filed by a method, that in whole or in part is not consistent with 3 AAC 46.320 - 3 AAC 46.430. (b) If the commission rejects a tariff filing, it will return the filing promptly to t…

(a) When an electric reliability organization includes in its tariff letter a request under 3 AAC 46.330(a)(7) for a tariff filing to take effect before the end of the regulatory notice period under 3 AAC 46.320(c), the burden of showing good cause for waiving the regulatory noti…