Alaska Statutes Title 08, Chapter 08.66 - Motor Vehicle Dealers and Buyers' Agents
- Sec. 08.66.010 Dealers to Register.
A dealer in motor vehicles shall, as a condition to engaging in business in the state, register biennially with the department.
- Sec. 08.66.015 Sale of Motor Vehicle.
(a) A person who does business as a dealer in the state may not offer to sell or sell a motor vehicle as a...
- Sec. 08.66.020 Application, Bond, and Fee.
Application for dealer registration shall be accompanied by a biennial registration fee of $50 and a bond required by AS 08.66.060 .
- Sec. 08.66.030 Form of Application.
The department shall prescribe and furnish the form of application for dealer registration under AS 08.66.010 . The application must contain(1) the name under...
- Sec. 08.66.040 Filing Application for Registration.
The application shall be filed with the department. Upon receipt of the application, the department shall examine it and may make an investigation of...
- Sec. 08.66.050 Renewal of Registration.
A dealer shall renew the registration required by this chapter before January 1 every two years.
- Sec. 08.66.060 Bond.
(a) An applicant for a dealer registration under AS 08.66.010 shall file with the application and shall maintain in force while registered a bond...
- Sec. 08.66.070 Action on Bond.
If a person suffers loss or damage by reason of fraud, fraudulent representations, or a violation of a provision of this chapter or another...
- Sec. 08.66.080 Penalties.
A dealer who fails to register and file a bond as required by this chapter is guilty of a violation. A dealer who knowingly...
- Sec. 08.66.090 - 08.66.250. Dealer Defined; Registration of Buyer's Agent; Application, Bond, and Fee; Department Approval; Renewal of Registration; Bond; Action on Bond; Buyer's Agent Contract Required; Purchase Agreement; Fees of Buyer's Agent; Ownership Interest Prohibited; Certain Compensation Prohibited; Dual Agency Prohibited; Records of Buyer's Agent; Penalty. [Repealed Sec. 13 Ch 79 Sla 2002].
Repealed or Renumbered
- Sec. 08.66.260 Buyer's Agent Contract Required.
(a) Before a buyer's agent negotiates on behalf of a buyer the purchase of a motor vehicle from a motor vehicle dealer, the buyer's...
- Sec. 08.66.270 Purchase Agreement.
A buyer's agent shall arrange for the buyer's purchase agreement with the dealer to provide all warranty information, including the warranty expiration date, mileage...
- Sec. 08.66.280 Fees of Buyer's Agent.
(a) A buyer's agent may not collect a fee from a buyer before the agent and the buyer enter into the contract required by...
- Sec. 08.66.290 Ownership Interest Prohibited.
A buyer's agent may not own an interest in the motor vehicle that is the subject of the purchase that the agent is negotiating...
- Sec. 08.66.300 Certain Compensation Prohibited.
A buyer's agent may not accept a rebate, kickback, commission, or other form of compensation from a financial institution, motor vehicle dealer, or other...
- Sec. 08.66.310 Dual Agency Prohibited.
When representing a buyer, a buyer's agent may not act as an agent for the motor vehicle dealer.
- Sec. 08.66.320 Records of Buyer's Agent.
A buyer's agent shall maintain complete records of each motor vehicle purchase the agent negotiates, including the purchase arrangements and monetary transactions. The records...
- Sec. 08.66.330 Penalty. [Repealed, Sec. 13 Ch 79 Sla 2002].
Repealed or Renumbered
- Sec. 08.66.350 Definitions.
In this chapter,(1) "buyer's agent" means a person who does business in the state by negotiating on behalf of a buyer the purchase of...
Last modified: November 15, 2016