A pull-tab distributor shall collect a tax of three percent of an amount equal to the gross receipts less prizes awarded on each series of pull-tabs distributed. The pull-tab distributor shall pay to the department the tax collected in the preceding month at the time that the report under AS 05.15.183 (d) is filed with the department. Implemented As 15 AAC 160.420 15 AAC 160.440 15 AAC 160.450 15 AAC 160.

(a) A person who knowingly violates or aids or solicits a person to violate this chapter is guilty of a violation for the first offense and a class B misdemeanor for the second and each subsequent offense. (b) A person who, with the intent to mislead a public servant in the performance of the public servant’s duty, submits a false statement in an application for a permit, license, or vendor registration under this chapter is guilty of unsworn falsification in the second degree.

These legal documents govern the acquisition and ownership of state banks, domestic bank holding companies, or national banks by out-of-state bank holding companies. Out-of-state bank holding companies must obtain a permit from the department before acquiring a state bank or bank holding company. The department considers public benefits, competitive banking industry preservation, and safe and sound bank industry maintenance when issuing the permit. The department may also require a bond from the out-of-state bank holding company.

(a) The check of a depositor may not be certified unless the amount of the check actually stands to the credit of the drawer. (b) Any check certified is a valid obligation against the bank when held by an innocent holder. (c) [Repealed, 102 ch 26 SLA 1993.] History History. ( 3.101 ch 129 SLA 1951; am 102 ch 26 SLA 1993)

This provision, part of the Alaska Banking Code, governs the issuance and use of credit cards or similar credit granting devices by banks. It states that a bank is allowed to issue unsolicited credit cards or devices, but the customer cannot be held liable for charges made before accepting the card. The customer must provide a written statement of acceptance to the bank. Additionally, a state bank can issue credit cards or devices to customers for obtaining money, goods, services, or anything else of value.

This legal document governs loans to directors, officers, and employees of a state bank. It allows directors or executive officers to borrow up to $500,000 from the state bank, subject to the discretion of the chief executive or managing officer. Loans exceeding this limit or loans to the chief executive or managing officer require prior approval from the board of directors and must be reported to the department within 30 days.

This section of the Alaska Banking Code governs the ownership, control, and holding of voting securities or other capital stock of state banks or domestic bank holding companies. It prohibits any person from owning, controlling, or holding with power to vote 25 percent or more of a class of voting securities or other capital stock of such banks or holding companies, except in certain circumstances. These circumstances include accepting shares of stock in payment of indebtedness owing to a creditor, but any shares exceeding 25 percent must be promptly disposed of under the supervision of the department.

This legal document pertains to financial holding companies and is governed by the Alaska Statutes, specifically the Banks and Financial Institutions section, Alaska Banking Code, Reserves, Loans, Investments, Bank Service Corporations, Practices, and Services. It states that a holding company formed under this title may apply to the Federal Reserve System for status as a financial holding company. If granted, the financial holding company will have powers authorized by the Federal Reserve System.

(a) The department shall require a state bank, at the time the bank applies for a certificate of authority under AS 06.05.350 , to become a member of the Federal Deposit Insurance Corporation. (b) A bank that is a member of the Federal Deposit Insurance Corporation may not voluntarily relinquish membership without the consent of the department. Request for the consent must be made at least 180 days before the proposed date of relinquishment.

This legal document governs the establishment, maintenance, and operation of automated teller machines (ATMs) by state banks. According to the document, a state bank is allowed to have ATMs on the premises of its main office or branch office. Additionally, a state bank can also establish ATMs at locations other than bank premises by providing a 30-day notice to the department. These off-premises ATMs must be made available on a nondiscriminatory basis for use by depositors of other depository institutions authorized to do business in the state.