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- Alaska Statutes.
- Title 23. Labor and Workers' Compensation
- Chapter 20. Alaska Employment Security Act
- Section 255. Compromise of Contributions.
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. Lien Upon Distribution or Assignment of Assets.
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. Liability of Successor Employer.
AS 23.20.255. Compromise of Contributions.
- (a) The department may compromise a claim for contributions, interest, or penalties existing or arising under this chapter
in any case where collection of the full claim would result in the insolvency of the employing unit or individual from
whom the contributions, interest, or penalties are claimed.
- (b) If the department compromises a claim, there shall be filed with the department a statement of the amount of
contributions, interest, and penalties imposed by law and claimed due, a complete record of the compromise agreement,
and the amount actually paid in accordance with the terms of the compromise agreement.
- (c) A person who, in connection with a compromise or offer of compromise, wilfully conceals from an officer or employee of
the state property belonging to an employing unit or individual liable for contributions, interest, or penalties, or
receives, destroys, mutilates, or falsifies a book, document, or record, or makes a false statement under oath relating
to the financial condition of the employing unit or individual liable for contributions, upon conviction, is punishable
by a fine of not more than $5,000, or by imprisonment for not more than one year, or by both.
- (d) If the department accepts a compromise, the compromise is final and conclusive at the time stated in it or at the time
agreed to, and, except upon showing of fraud, malfeasance, misrepresentation of a material fact, or failure to meet the
terms of the compromise, the case may not be reopened as to the matters agreed upon.
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