Current through October 17, 2024
Section 8 AAC 98.370 - Responsibilities of a licenseeThe responsibilities of a licensee include
(1) operating the facility in accordance with laws relating to vending facilities, public health, taxes, compensation of employees, worker's compensation, insurance, civil rights, and fire and safety codes;(2) maintaining business accounts and records separate from personal accounts;(3) maintaining a commercial bank account in which all funds not required as cash on hand are deposited;(4) making payment for all business expenses in a timely fashion;(5) retaining receipts for goods and services bought for the business;(6) submitting accurate and timely reports to the division; and(7) obtaining and maintaining personal and property damage liability insurance, naming the State of Alaska as an additional insuree, with limits of $100,000 for each person and $300,000 for each occurrence, and insurance against loss by fire or other hazard of the vending facility property.Eff. 7/17/83, Register 87Authority:AS 23.15.020(c)
AS 23.15.100(b)