Section 08.76.140. Duration and renewal of license.

Latest version.

   (a) A license is valid for two years.
   (b) A person may renew a license under AS 08.01.100. The renewal fee must be equal to the fee established under AS 08.76.110(5).
   (c) Notwithstanding AS 08.01.100(b), if a person fails to renew a license before the expiration date of the license, the person shall pay the department a delayed renewal penalty of $100 in addition to the regular renewal fee.
   (d) If a person fails to renew the person's license, the person may not engage in business as a pawnbroker until the person's license is renewed or a new license is issued.
   (e) The department may refuse to renew a license under this section for reasons that would have prevented the issuance of the license to the person under AS 08.76.110.

Notes

Implemented As

12 AAC 02.380
12 AAC 76.200
12 AAC 76.310

References

12 AAC 76.200

History

(Sec. 5 ch 49 SLA 2010)

                    
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