Alaska Statutes 06.20.040 – Liquid assets required
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 06.20.040
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.20.900
An applicant shall prove, in form satisfactory to the department, that the applicant has available for the operation of the business at the location specified in the application, liquid assets of at least $25,000, or, in the case of a multiple office license, that the equivalent amount is available to each office from a central account maintained by the applicant.