Alaska Administrative Code
Title 15 - Revenue
Chapter 160 - Authorized Games of Chance and Skill
Article 8 - Accounting and Recordkeeping
15 AAC 160.800 - Promotional items
Universal Citation: 15 AK Admin Code 15 AAC 160.800
Current through August 30, 2024
(a) A permittee, operator, or licensed pull-tab distributor may receive or distribute a free promotional item, if the promotional item has little intrinsic value and no monetary exchange value.
(b) An item with a discount that would reduce the item's price substantially below fair market value is not a promotional item for purposes of this section, and will be considered a gift under 15 AAC 160.350 and 15 AAC 160.954.
Authority:AS 05.15.060
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