Alaska § 47.40.031 - Required accounting procedures.
Full text of Alaska Alaska Statutes § 47.40.031 — Required accounting procedures., with citation guidance and answers to common questions.
§ 47.40.031. Required accounting procedures.
Facilities that solicit or receive grants from the department for the cost of services provided under AS 47.40.011 — 47.40.091 shall (1) meet accepted standards of fiscal accountability for public money and shall, upon request, submit to the department and to the division of legislative audit a complete financial statement prepared by an independent certified public accountant;
(2) keep records of the expenditures for the services provided, using cost-accounting procedures in accordance with department regulations;
(3) upon request, furnish the department and the division of legislative audit all fiscal information, books, records, and accounts pertaining to services paid for under AS 47.40.011 — 47.40.091.
Frequently Asked Questions About Alaska § 47.40.031
What does Alaska Statutes § 47.40.031 cover?
Section 47.40.031 ("Required accounting procedures.") 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 § 47.40.031?
A common citation format is "Alaska Statutes § 47.40.031" (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 § 47.40.031 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.