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- Alaska Statutes.
- Title 8. Business and Professions
- Chapter 24. Collection Agencies
- Section 380. Definitions.
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AS 08.24.380. Definitions.
In this chapter,
- (1) "collection agency" means a person licensed and authorized to engage in the collection agency business;
- (2) "collection agency business" means the business of engaging directly or indirectly and having as a primary or
secondary object, business or pursuit the solicitation of claims for collection or repossession of collateral security
or the collection of claims owed or due or asserted to be owed or due to another or the repossession of collateral
- (A) a house, agency, firm, person, corporation or voluntary association using a name other than its own in collecting its
own claims with the intention of conveying, or which tends to convey, the impression that a third party has been
employed, is conducting a collection agency business within the meaning of this chapter;
- (B) a person who sells, attempts to sell, gives away or attempts to give away to another person, other than a licensee
under this chapter a system of collection letters, demand forms or other printed matter where the name of a person
other than a creditor appears in a manner to indicate that a request or demand is being made by another person, other
than the creditor, for the payment of a sum due, or asserted to be due, or who solicits or accepts accounts for
collection on a contingent or percentage basis or by a fee or outright purchase for collection purposes, is considered
to be in the collection agency business within the meaning of this chapter;
- (3) "commissioner" means the commissioner of commerce, community, and economic development;
- (4) "department" means the Department of Commerce, Community, and Economic Development;
- (5) "operator" means a person having managerial control of a collection agency.
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