5 AAC 93.565 - Employees of license vendor

(a) An employee of a license vendor may issue licenses under the authority of the license vendor if the license vendor complies with the requirements of (b) of this section. An employee who is authorized to issue licenses under this section has all the duties, obligations, and authority of a license vendor, except as limited by (c) of this section or as limited by the employer. An employee who issues a license shall sign and include the employer's license vendor license number on each license issued by the employee.

(b) The license vendor assumes responsibility for all the license vendor's employees who issue licenses. Any failure or default by an employee, including failure to account for all money and all licensing forms, is a failure or default by the license vendor, and the commissioner may take action against the employee, the license vendor, or both.

(c) The license vendor is responsible for the submission of all reports and the accounting of all money collected by the employee. The payment and compensation authorized by AS 16.05.390(a) will be paid to the license vendor. The employee will have no right or interest in any retainage or compensation under AS 16.05.390. Upon the termination of the employee's employment, or at the request of the license vendor, the employee's licensing authority immediately terminates and the employee shall immediately provide the employer with all money, licenses, and other licensing materials received by or in the possession of the employee.

Notes

5 AAC 93.565

Eff. 1/13/2012, Register 201

Authority:AS 16.05.020

AS 16.05.050

AS 16.05.380

AS 16.05.460