(a) A partnership, including a limited partnership, issued a license under this title shall report to the board when a partnership interest of 10 percent or more is transferred and shall report a change of general partners.

Terms Used In Alaska Statutes 04.11.055

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • writing: includes printing. See Alaska Statutes 01.10.060
(b) The report to the board shall be made in writing in duplicate and shall be sent within 10 days after the change in interest or change of general partners.
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