Alaska § 08.18.115 - Return of cash deposit.
Full text of Alaska Alaska Statutes § 08.18.115 — Return of cash deposit., with citation guidance and answers to common questions.
§ 08.18.115. Return of cash deposit.
(a) A contractor or home inspector who has filed a cash deposit and who ceases doing business as a contractor or home inspector may request the return of as much of that cash deposit as is held by the commissioner by (1) filing a notarized statement with the commissioner that the contractor or home inspector has ceased doing business as a contractor or home inspector, as applicable; and
(2) filing a notarized statement with the commissioner at least three years after filing the statement in (1) of this subsection that (A) requests return of the cash deposit;
(B) certifies that the former contractor or home inspector has not been engaged in business as a contractor or home inspector, as applicable, for at least three years; and
(C) certifies that to the best of the contractor's or home inspector's knowledge no action has been commenced upon the cash deposit that has not been dismissed or reduced to a final judgment that has been satisfied.
(b) The commissioner, after paying any judgments against the cash deposit under AS 08.18.081 (b), shall return the remainder of a former contractor's or former home inspector's cash deposit to the contractor or home inspector, as applicable, if (1) the former contractor or former home inspector has complied with (a) of this section; and
(2) no action has been commenced upon the cash deposit that has not been dismissed or reduced to a final judgment that has been satisfied.
Article 3. Enforcement.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 08.18.115
What does Alaska Statutes § 08.18.115 cover?
Section 08.18.115 ("Return of cash deposit.") 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 § 08.18.115?
A common citation format is "Alaska Statutes § 08.18.115" (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 § 08.18.115 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.