As a condition to issuance of a license, the applicant or the applicant's employer must furnish a bond or proof of a policy of insurance to protect the state and its residents from damages arising out of the acts of the licensee.
Structure Alaska Statutes
Title 18. Health, Safety, Housing, Human Rights, and Public Defender
Sec. 18.65.400. License as security guard.
Sec. 18.65.420. Bonding and insurance.
Sec. 18.65.430. Duration of license.
Sec. 18.65.440. Revocation of license.
Sec. 18.65.460. Exceptions to licensure.