Can I collect financial information from participants in Alaska? What are the requirements?

Requirements for Collecting Financial Information from Participants in Alaska

If you are collecting financial information from participants in Alaska, you must comply with the relevant laws and regulations. The requirements for collecting financial information from participants in Alaska are outlined in AS 39.50.020 ^[1.2].

Public officials, other than the governor or lieutenant governor, must file a statement giving income sources and business interests, under oath and on penalty of perjury, within 30 days after taking office as a public official. Candidates for state elective office, other than a candidate who is subject to AS 24.60, shall file the statement with the director of elections at the time of filing a declaration of candidacy or a nominating petition or becoming a candidate by any other means. Candidates for elective municipal office shall file the statement at the time of filing a nominating petition, declaration of candidacy, or other required filing for the elective municipal office. Refusal or failure to file within the time prescribed shall require that the candidate’s filing fees, if any, and filing for office be refused or that a previously accepted filing fee be returned and the candidate’s name removed from the filing records. A statement shall also be filed by public officials no later than March 15 in each following year. On or before the 90th day after leaving office, a former public official shall file a final statement covering any period during the official’s service in that office for which the public official has not already filed a statement ^[1.2].

Public officials or candidates required by AS 39.50.020 to file a financial disclosure statement shall report income sources, gifts, deferred income, and business interests in compliance with AS 39.50.030 and 2 AAC 50.680 - 2 AAC 50.799. The disclosure statement of a public official must contain the required information for the public official and each family member of the public official. The disclosure statement of a candidate must contain the required information for the candidate and each family member of the candidate ^[1.2].

It is important to note that a statement filed with the Alaska Public Offices Commission under AS 24.60.200 is a public record ^[3.1].

If you have any further questions or concerns, it is recommended that you consult with a legal professional.

Source(s):

• [3.1] Statements as public records.
• [1.2] Findings and purpose.

Jurisdiction

Alaska

• Privacy