Section 06.20.040. Liquid assets required.

Latest version.

An applicant shall prove, in form satisfactory to the department, that the applicant has available for the operation of the business at the location specified in the application, liquid assets of at least $25,000, or, in the case of a multiple office license, that the equivalent amount is available to each office from a central account maintained by the applicant.

Notes

Implemented As

3 AAC 12.040

History

(Sec. 3 ch 73 SLA 1955; am Sec. 2 ch 71 SLA 1978; am Sec. 3 ch 134 SLA 1996)

                    
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