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- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 10. Alaska Retail Installment Sales Act
- Section 50. Catalog or Printed Solicitation.
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Section 40. Other Documents.
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Section 60. Signing of Incomplete Contracts.
AS 45.10.050. Catalog or Printed Solicitation.
- (a) A retail installment contract, or retail charge agreement, negotiated and entered into by mail or telephone without
personal solicitation by a salesman or representative of the seller and based upon a catalog of the seller or other
printed solicitation of business, if the catalog or other printed solicitation clearly sets out the cash sale prices
and other terms of sales to be made through this medium, shall be made as provided in this section. The provisions of
this chapter with respect to retail installment contracts and retail charge agreements are applicable to these sales,
except that the retail installment contract when completed by the buyer need not contain the items required by AS 45.10.030
.
- (b) When the retail installment contract is received from the retail buyer, the seller shall prepare a written memorandum
containing all of the information required by AS 45.10.030
to be included in a retail installment contract. Instead of delivering a copy of the contract to the retail buyer as
provided in AS 45.10.020
, the seller shall deliver to the buyer a copy of the memorandum before the due date of the first installment payable
under the contract. If the catalog or other printed solicitation does not set out all of the other terms of sales in
addition to the cash sales prices, the memorandum shall be delivered to the buyer before or at the time of delivery of
the goods or services.
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