The responsibilities of a licensee include

1. (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. (2) maintaining business accounts and records separate from personal accounts;
3. (3) maintaining a commercial bank account in which all funds not required as cash on hand are deposited;
4. (4) making payment for all business expenses in a timely fashion;
5. (5) retaining receipts for goods and services bought for the business;
6. (6) submitting accurate and timely reports to the division; and
7. (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 87)

Authority: AS 23.15.020