Effective Jun 22, 2008Alaska Register 186(Eff. 7/30/94, Register 131; am 6/22/2008, Register 186) | Authority: AS 05.15.060
(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.
(Eff. 7/30/94, Register 131; am 6/22/2008, Register 186)