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What is the requirement for an Alaska Certificate of Financial Responsibility?

April 26, 2017Alaska Certificate financial requirement responsibility

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What is the requirement for an Alaska Certificate of Financial Responsibility?

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A Certificate of Financial Responsibility (COFR) is issued to a plan holder when the plan holder has provided to the Department of Environmental Conservation, and the Department has approved, proof of ability to financially respond in damages. For more information on financial requirements, please see AS 46.04.040, AS 46.04.055 and Financial Responsibility and Prevention Initiatives.