(a) Nothing in AS 45.50.471 - 45.50.561 applies to
(1) an act or transaction regulated by a statute or regulation administered by the state, including a state regulatory board or commission, unless the statute or regulation does not prohibit the practices declared unlawful in AS 45.50.471 ;
(2) an act done by the publisher, owner, agent, or employee of a newspaper, periodical, or radio or television station in the publication or dissemination of an advertisement, when the owner, agent, or employee did not have knowledge of the false, misleading, or deceptive character of the advertisement or did not have a direct financial interest in the sale or distribution of the advertised product or service;
(3) an act or transaction regulated under AS 21.36 or AS 06.05 or a regulation adopted under the authority of those chapters.
(b) The exemption in (a)(3) of this section does not apply to an act or transaction between a bank and its borrowers, depositors, or other customers or potential customers.
(c) The exemption in (a)(1) of this section does not apply to an act or transaction listed in AS 45.50.471 (b) or regulated under AS 06.60.
Section: Previous 45.50.472 45.50.473 45.50.474 45.50.475 45.50.477 45.50.479 45.50.480 45.50.481 45.50.490 45.50.491 45.50.495 45.50.500 45.50.501 45.50.510 45.50.511 NextLast modified: November 15, 2016