Alaska Statutes (Last Updated: January 11, 2017) |
Title 08. BUSINESS AND PROFESSIONS. |
Chapter 08.66. MOTOR VEHICLE DEALERS AND BUYERS' AGENTS. |
Section 08.66.070. Action on bond.
Latest version.
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If a person suffers loss or damage by reason of fraud, fraudulent representations, or a violation of a provision of this chapter or another law of this state by a dealer, the person has a right of action against the dealer and a personal right of action against the surety upon the bond. The aggregate liability of the surety may not exceed the amount of the bond.
Notes
History
(Sec. 6 ch 135 SLA 1959; am Sec. 6 ch 79 SLA 2002)