Alaska Administrative Code
Title 15 - Revenue
Chapter 50 - Cigarette Tax
Article 1 - Licensing
15 AAC 50.040 - Distributor bond
Universal Citation: 15 AK Admin Code 15 AAC 50.040
Current through August 30, 2024
An application for a distributor license must be accompanied by a surety bond on a form provided by the department which has been approved by the Department of Law. The surety on the bond must be licensed by the State of Alaska to write surety bonds in the state. The amount of the surety bond must be in an amount equal to twice the estimated average monthly amount of tax due during the license year for which the application is being filed, or $5,000, whichever is higher.
Authority:AS 43.05.080
AS 43.50.035
AS 43.50.150
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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