Section 15.160.800. Promotional items.

Latest version.

	(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.

Authorities

05.15.060

Notes

Authority
 AS 05.15.060  
History Eff. 7/30/94, Register 131; am 6/22/2008, Register 186

                    
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