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- Alaska Statutes.
- Title 42. Public Utilities and Carriers
- Chapter 30. Miscellaneous Regulations Governing Public Utilities and Carriers
- Section 40. Annual Statement.
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Section 30. Books of Account.
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Section 50. Penalty For Failure to File Annual Report.
AS 42.30.040. Annual Statement.
- (a) During April of each year, each person engaged in furnishing a public service, except a rural electrification or
telephone cooperative or nonprofit association receiving financial assistance from the federal government under the
Rural Electrification Act, shall file with the city council a written statement under oath, sworn to by the person
having the management and control of the business or other person familiar with all the facts. The statement must
contain a detailed list of all property used in connection with the enterprise and give the valuation of each piece of
property listed. It must also contain a statement of the receipts and disbursements during the year, and the profits
or losses. The statement of disbursements must show to whom each item was paid and what for. The statement shall be
for the calendar year preceding and shall be for the use of the city council.
- (b) The city council is not bound by the statement but may inquire into its truth.
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