Section 8 AAC 85.430 - Waiver of security requirement on delinquent employer accountsA delinquent employer who timely petitions for review of a notice of assessment under AS 23.20.220 is entitled to a waiver of the security requirement if
(1) the petition includes a request for waiver of the security requirement and a sworn statement which gives the location and value of the employer's real property and the terms of any liens or other encumbrances upon the property;(2) the total value of the unencumbered real property is equal to or greater than the amount of the assessment; and(3) the department concludes that the contributions, interest, and penalties assessed are not in jeopardy.Eff. 3/27/82, Register 81Authority:AS 23.20.045
AS 23.20.220