Alaska Administrative Code — Title 15 (Revenue)

15 AAC 23.203

Assignments

Official textakleg.govlast amended Jan 01, 2013

# (a)

The department will not implement an assignment, or a transaction, of whatever nature, that the department determines to be an assignment, of a dividend unless the assignee named is an agency authorized to receive an assignment under AS 43.23.200.

# (b)

An assignment of a dividend may not be made if application for the dividend was made on behalf of a child or made on behalf of an incompetent or disabled adult, except that the dividend of a child may be assigned to satisfy restitution agreed to, or required under AS 47.12.120 or to satisfy a court-ordered fine or judgment for court-appointed attorney fees.

# (c)

Once an assignment is made and submitted to the department, a retraction of that assignment by the assignor will not be honored by the department.

# (d)

An assignment must be made in writing on a form provided by the department, signed by the assignor, and properly executed in the presence of two disinterested witnesses or a notary public, and filed with the department before the final processing of the assignor's dividend application. However, assignments made on behalf of a child must be executed by the sponsor of the original application or by an official appointed by the state court system.

# (e)

Repealed 1/1/2002.

# (f)

Upon receipt of a written request from an applicant, the department will change an applicant's University of Alaska College Savings Plan check-off response. The department will not guarantee processing of a request received after August 1 of the dividend year.

# (g)

If, for purposes of AS 43.23.140(d), April 1 falls on a Saturday, Sunday, or state holiday, the date becomes the next working day.
(Eff. 1/1/93, Register 124; am 1/1/99, Register 148; am 1/1/2000, Register 152; am 1/1/2002, Register 160; am 1/1/2003, Register 164; am 1/1/2005, Register 172; am 1/1/2013, Register 204) Statutory Authority:
Authority:
AS 43.23.015 AS 43.23.140
AS 43.23.055 AS 43.23.200
Editor's note:
In 2018 the revisor of statutes, acting under AS 01.05.031, renumbered former AS 43.23.065 as AS 43.23.140 and renumbered former AS 43.23.069 as AS 43.23.200.
As of Register 229 (April 2019), the regulations attorney made a conforming technical revision under AS 44.62.125(b)(6), to 15 AAC 23.203(a), so that the cross-reference to former AS 43.23.069 now refers to the renumbered statute, AS 43.23.200. The regulations attorney also made a conforming technical revision to 15 AAC 23.203(g), so that the cross-reference to former AS 43.23.065(d) now refers to the renumbered statute, AS 43.23.140(d). In addition, the regulations attorney made conforming technical revisions to the authority citation that follows 15 AAC 23.203, so that the citation to former AS 43.23.065 now refers to the renumbered statute, AS 43.23.140, and the citation to former AS 43.23.069 now refers to AS 43.23.200.

Amendment history

Eff. 1/1/93, Register 124; am 1/1/99, Register 148; am 1/1/2000, Register 152; am 1/1/2002, Register 160; am 1/1/2003, Register 164; am 1/1/2005, Register 172; am 1/1/2013, Register 204

Source: official source document (full AAC Title 15 PDF)

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