Section 3.304.980. Prohibited financial interest; representative or owner.  


Latest version.
  • For purposes of AS 04.11.450 (prohibited financial interest), a representative or owner of a partnership, joint venture, limited liability organization, or corporation is an individual, partner, joint venture, limited liability organization member, or corporation that individually holds an interest of more than 10 percent or that aggregately holds an interest of more than 15 percent in a partnership, joint venture, limited liability organization, or corporation.   
    

Authorities

04.06.090;04.06.100;04.11.450;44.62.125

Notes


Authority
AS 04.06.090 AS 04.06.100 AS 04.11.450 Editor's note: As filed by the lieutenant governor on June 25, 2012, 3 AAC 304.980 was originally designated as 13 AAC 104.980. Before publication in Register 203 (October 2012), the regulations attorney, acting under AS 44.62.125(b)(6), redesignated 13 AAC 104.980 as 3 AAC 304.980, to reflect ch. 55, SLA 2012. Chapter 55, SLA 2012 took effect July 1, 2012, and relocated the Alcoholic Beverage Control Board from the Department of Public Safety to the Department of Commerce, Community, and Economic Development.
History
Eff. 7/25/2012, Register 203

References

3.304.980;13.104.980