Alaska § 06.45.010 - Responsibility of commissioner.
Full text of Alaska Alaska Statutes § 06.45.010 — Responsibility of commissioner., with citation guidance and answers to common questions.
§ 06.45.010. Responsibility of commissioner.
(a) The commissioner shall administer this chapter.
(b) The commissioner may by regulation define the powers of credit unions formed under this chapter and adopt regulations to carry out the purposes of credit unions consistent with this chapter and AS 06.01.020 .
(c) The commissioner may delegate any authority, power, or function granted by this chapter.
(d) The records of credit unions shall be kept and reports shall be made in accordance with regulations adopted by the commissioner.
(e) A person appointed or elected by a credit union to a position requiring the receipt, payment, or custody of money or personal property owned by a credit union or in its custody or control as collateral or otherwise shall give bond in a corporate surety company approved by the commissioner on a form approved by the commissioner and in an amount prescribed by the commissioner. The commissioner may approve the use of a form of schedule or blanket bond which covers all the officers and employees of a credit union whose duties include the receipt, payment, or custody of money or other personal property for or on behalf of the credit union. The commissioner may approve the use of a form of excess coverage bond under which a credit union may obtain coverage in excess of the basic surety coverage.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 06.45.010
What does Alaska Statutes § 06.45.010 cover?
Section 06.45.010 ("Responsibility of commissioner.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 06.45.010?
A common citation format is "Alaska Statutes § 06.45.010" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 06.45.010 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.