(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 .

An advertisement for an activity permitted under AS 05.15 must conspicuously display or announce the name of the permittee, the permit number under which the activity is to be conducted and, if applicable, the name and license number of the operator. Statutory Authority Authority: AS 05.15.060 AS 05.15.122 (Eff. 7/30/94, Register 131)

This legal document governs the tax on gaming or gambling activities conducted aboard large passenger vessels in Alaska. It applies to operators of large passenger vessels that conduct gaming or gambling on voyages described in 15 U.S.C. 1175 in waters under the jurisdiction of the State of Alaska. The document provides definitions for key terms such as ‘gaming or gambling,’ ‘gross income,’ ’large passenger vessel,’ ‘operator,’ ‘passenger,’ ‘prizes awarded,’ and ‘waters under the state’s jurisdiction.

This legal document governs the records retention and inspection requirements for operators of large passenger vessels conducting gaming or gambling activities in waters under the state’s jurisdiction. Operators are required to preserve all books, records, and data used to prepare the tax return for a period of three years following the return due date or the date of filing, whichever is later. Additionally, operators must maintain specific information for each large passenger vessel, including the vessel’s name, call sign, list of completed voyages, ports of origin and end, voyage dates, total gaming and gambling hours, gaming and gambling hours in state waters, books and records used to calculate adjusted gross income, and federal and municipal taxes paid or owed.

(a) In order to protect liquidity, a state bank shall comply with the reserve requirements imposed upon depository institutions by 12 C.F.R. 204, revised as of November 16, 2009, and adopted by reference. (b) If a bank fails to maintain the reserve required in (a) of this section, the department may determine that the bank is in danger of becoming illiquid, and that the bank is engaged in an unsafe or unsound practice as defined in AS 06.

An officer of a state bank may have an uncollateralized credit card balance of up to $10,000 as a loan with that bank. For purposes of AS 06.05.210 (a), such a loan must be approved by the board of directors of that bank only at the time the credit card is issued and the unpaid balance of the loan need not be reported to the department, unless it is $10,000 or greater.

This legal document governs the authorized activities for domestic bank holding companies and their subsidiaries in Alaska. It allows domestic bank holding companies to engage in financial, fiduciary, insurance, and other activities permitted for subsidiaries of banks. These activities include mortgage banking, factoring, equipment leasing, property management, data processing services, armored car or messenger services, and operation of credit bureaus, travel agencies, personal finance companies, commercial finance companies, or trust companies.

This legal document pertains to the operation of a bank holding company in the state of Alaska. It requires domestic and out-of-state bank holding companies to apply for a permit from the department in order to operate as a bank holding company in the state. The department will issue a permit if it determines that the issuance will not disadvantage the public and is consistent with maintaining a competitive, safe, and sound banking system.

A subsidiary bank may not extend credit, secured or unsecured, in excess of the bank’s legal lending limit to the bank’s holding company or any of the holding company’s subsidiaries. In this section, to extend credit includes: (1) loans; (2) the purchase of securities or other assets under a repurchase agreement; (3) the discount of promissory notes, bills of exchange, conditional sales contracts, or other similar paper; and (4) advances made against collateral security in the form of capital stock, bonds, debentures, or other obligations of the domestic bank holding company or its subsidiaries.

(a) The executive officers, directors, and principal shareholders of a new domestic bank holding company must file, on forms provided by the department, required biographical and financial information before engaging in activities regulated by 3 AAC 02.145 - 3 AAC 02.180 . New or additional directors and officers shall also file on forms provided by the department the information required by this subsection within 30 days after being elected to or hired for the position.