Sec. 43.50.560. Suspension of deferred-payment basis privilege.
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Sec. 43.50.560. Suspension of deferred-payment basis privilege.
The department may suspend, without prior notice, a licensee's privilege to purchase stamps on a deferred-payment basis or may reduce the monthly dollar amount of purchases the licensee may make under AS 43.50.550 if
(1)the licensee fails to pay for stamps when payment is due;
(2)the licensee's bond is cancelled or becomes void, impaired, or unenforceable;
(3)the department determines that the collection of an amount unpaid or due from the licensee under this chapter is jeopardized; or
(4)the licensee violates a state statute or regulation related to the collection of taxes under this chapter.