In AS 08.76.100 - 08.76.590,
(1) "amount financed" means the amount of money, excluding a finance fee, charged by a pawnbroker for a pawn transaction;
(2) "business" includes advertising;
(3) "claim" means a claim under AS 08.76.370 ;
(4) "claimant" means a person who makes a claim;
(5) "department" means the Department of Commerce, Community, and Economic Development;
(6) "evidentiary hold order" means an evidentiary hold order authorized under AS 08.76.330 ;
(7) "finance fee" means all the amounts that a pawnbroker may charge under AS 08.76.210 ;
(8) "governmental fee" means a fee imposed by a governmental agency on a pawnbroker to hold or transfer a firearm or conduct a background check required by the governmental agency;
(9) "grace period" means the 30-day period after a maturity date during which a pawnbroker is required by AS 08.76.270 (b) to retain possession of pledged property;
(10) "hold order" means a police hold order or an evidentiary hold order;
(11) "identification" means
(A) a government-issued identification document that contains a photograph; or
(B) an electronic image of a document identified under (A) of this paragraph;
(12) "knowingly" has the meaning given in AS 11.81.900 ;
(13) "law enforcement agency" means
(A) the police department of a municipality where a pawnshop is located;
(B) the Department of Law;
(C) the Department of Public Safety;
(14) "law enforcement officer" means
(A) a police officer of the municipality where a pawnshop is located; or
(B) a state trooper if a pawnshop is located in the unorganized borough or if a pawnshop is located in a municipality that does not provide police protection services;
(15) "law enforcement report" means a report required by AS 08.76.410;
(16) "lease" means any form of rental;
(17) "license" means a license to engage in business as a pawnbroker issued under AS 08.76.110 ;
(18) "licensee" means a person who holds a license;
(19) "maturity date" means the date by which a pledgor is required to pay a pawnbroker the amount financed and the finance fee for a pawn transaction, but does not include a grace period;
(20) "misappropriated" means pledged or sold to a pawnbroker
(A) after being stolen; or
(B) while being leased to the pledgor or seller by another person if the property has a permanent label or other conspicuous mark identifying it as another person's property;
(21) "pawnbroker" means a person who lends money in exchange for a pledge of property;
(22) "pawnbroker transaction" means a pawn transaction or purchase;
(23) "pawn transaction" means a pledge given in exchange for a loan by a pawnbroker;
(24) "personal property" means tangible personal property, but does not include a security, a title to property, a deed, a bill of sale, or printed evidence of indebtedness;
(25) "pledge" means a deposit of property as security for payment of financial obligations to a pawnbroker in a pawn transaction;
(26) "pledged property" means the property that is pledged in a pawn transaction;
(27) "pledgor" means
(A) a person who delivers property to a pawnbroker for a pawn transaction; or
(B) the principal, if the person who delivers property to a pawnbroker for a pawn transaction discloses that the delivery person is acting for a principal;
(28) "police hold order" means a hold order authorized under AS 08.76.320;
(29) "property" means personal property;
(30) "purchase" means a purchase of property by a pawnbroker that is not a pawn transaction;
(31) "redeem" means to obtain the return of pledged property under AS 08.76.270;
(32) "register" means the register required to be maintained by AS 08.76.180;
(33) "registration fee" means a fee for registering a firearm;
(34) "seller" means a person who sells property to a pawnbroker, but does not include a pledgor;
(35) "transaction agreement" means the transaction agreement required by AS 08.76.200 .
Section: Previous 08.76.360 08.76.370 08.76.380 08.76.390 08.76.400 08.76.410 08.76.420 08.76.430 08.76.440 08.76.450 08.76.460 08.76.470 08.76.500 08.76.590Last modified: November 15, 2016