Procedures for collection of amounts due; security.

1. Law
2. Alaska Statutes
3. Revenue and Taxation
4. Alaska Stranded Gas Development Act
5. Miscellaneous Provisions.
6. Procedures for collection of amounts due; security.

(a) The commissioner may adopt procedures for the collection of amounts due the state under a contract developed under AS 43.82.020, including the collection of interest and penalties.

(b) The commissioner may require a party to a contract developed under AS 43.82.020 to provide security sufficient to guarantee amounts due under the contract.

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