Section 45.66.140. Prohibited representations.

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   (a) A person may not state that the person is registered as a seller under this chapter unless the person has complied with the registration or renewal requirements, as applicable, of this chapter.
   (b) Unless the seller is asked for the information by the buyer, a seller may not state or imply that the seller has a license, consent, or other form of permission from the state to sell business opportunities in this state.
   (c) A seller may not make, or cause to be made, a representation that is inconsistent with AS 45.66.160.
   (d) A seller may not state or imply that the seller's compliance with the laws of this state or a municipality constitutes approval or endorsement of the seller by the state or municipality.

Notes

History

(Sec. 3 ch 128 SLA 2002)

                    
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