Alaska Statutes Title 06, Chapter 06.20, Article 04 - Business Practices

• Sec. 06.20.200 Advertising of Misleading Statements Prohibited.
  (a) A person may not advertise, print, display, publish, distribute, or broadcast or cause or permit to be advertised, printed, displayed, published, distributed, or...
• Sec. 06.20.210 Use of Premises Restricted.
  A licensee may not conduct the business of making loans under this chapter within an office, room, or place of business in which another...
• Sec. 06.20.220 Transactions Limited to Licensed Premises.
  A licensee may not transact business or make any loan under this chapter under any name or at any place of business other than...
• Sec. 06.20.230 Maximum Interest Permitted.
  (a) A licensee may lend any sum of money not exceeding $25,000 and may charge, contract for, and receive on the loan interest at...
• Sec. 06.20.240 Loans for Purpose of Obtaining Higher Interest.
  A licensee may not induce or permit a person, or a husband and wife jointly or severally, to split up or divide a loan...
• Sec. 06.20.250 Payments and Interest.
  (a) Interest may not be paid, deducted, or received in advance. Except for open-end loans made under AS 06.20.285 , interest shall be computed...
• Sec. 06.20.260 Charges Prohibited.
  (a) A further or other charge or amount for an examination, service, brokerage commission, expense, fee, bonus, or other thing may not be directly...
• Sec. 06.20.270 Requirements for Making and Payment of Loans.
  Except as provided in AS 06.20.285 for open-end loans, every licensee shall(1) deliver to the borrower at the time a loan is made a...
• Sec. 06.20.280 Maximum Charge by Licensee.
  A licensee may not directly or indirectly charge, contract for, or receive any interest, discount, or consideration greater than that which the licensee would...
• Sec. 06.20.285 Open-End Loans.
  (a) A licensee may make open-end loans not exceeding an aggregate total of $25,000 and may contract for and receive interest on open-end loans...
• Sec. 06.20.287 Insurance on Open-End Loans.
  (a) A licensee may obtain consumer credit, credit loss of income, and property insurance on open-end loans under this chapter. The consumer credit insurance...
• Sec. 06.20.290 Purchase of Wages or Other Compensation for $25,000 or Less.
  For purposes of this chapter, the payment of $25,000 or less in money, credit, goods, or things in action, as consideration for the sale...
• Sec. 06.20.300 Maximum Charges by Nonlicensee on Loans.
  (a) Except as authorized in this chapter, a person may not directly or indirectly charge, contract for, or receive any interest, discount, or consideration...

Last modified: November 15, 2016