(a) In AS 43.60.011 and 15 AAC 60, "licensed warehouse" means an alcoholic beverage warehouse that is
- (1) bonded for the amount of tax that will be due the state on its contents once they are removed; and
- (2) licensed by the department under 15 AAC 60.
- (b) No one may operate or advertise an alcoholic beverage warehouse as a licensed warehouse unless the warehouse is bonded and licensed under 15 AAC 60.
- (c) An alcoholic beverage shipped to a licensed warehouse in the state is not subject to the tax imposed by AS 43.60 until it is removed from the licensed warehouse.
- (d) No alcoholic beverage may be stored in any location in the state other than a licensed warehouse unless the tax imposed by AS 43.60 has been paid.
(Eff. 8/7/82, Register 83; am 7/8/2020, Register 235)
Authority: AS 43.05.080, AS 43.60.011