Alaska Statutes (Last Updated: January 11, 2017) |
Title 08. BUSINESS AND PROFESSIONS. |
Chapter 08.66. MOTOR VEHICLE DEALERS AND BUYERS' AGENTS. |
Section 08.66.350. Definitions.
Latest version.
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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 a motor vehicle from a motor vehicle dealer;
(2) "department" means the Department of Administration;
(3) "motor vehicle" means a motor vehicle that is required to be registered under AS 28.10;
(4) "motor vehicle dealer" or "dealer"
(A) means
(i) a buyer's agent; or
(ii) a person, other than a manufacturer, who sells, leases, solicits, or arranges for the sale or lease of five or more motor vehicles in any 12 consecutive months, regardless of who owns the vehicles;
(B) does not include
(i) a receiver, a trustee, an administrator, an executor, a guardian, or another person appointed by a court or a person performing duties as a public officer;
(ii) a person disposing of a motor vehicle acquired and actually used for the person's own use or for the use of a family member of the person, or acquiring a motor vehicle for the person's own use or for the use of a family member of the person if the vehicle is acquired and used in good faith and not for the purpose of avoiding the provisions of this chapter;
(iii) a person who sells motor vehicles as an incident of the person's principal business but who is not engaged primarily in the selling of motor vehicles;
(iv) an employee of an organization arranging for the purchase or lease by the organization of a vehicle for use in the organization's business;
(v) a publication, broadcast, or other communications media when engaged in the business of advertising, but not otherwise arranging for the sale of a motor vehicle owned by another person.
Authorities
23.10.055;45.25.990
Notes
References
18 AAC 52.990
AS 23.10.055 Exemptions; compensation of executives, administrators, and professionals.
AS 45.25.990 Definitions.
History
(Sec. 5 ch 10 SLA 1993; am E.O. No. 99 Sec. 9 (1997); am Sec. 8 ch 79 SLA 2002)