Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person other than a collection agency licensed and authorized under this chapter may not for compensation
(1) conduct a collection agency business in this state;
(2) collect claims for others in this state;
(3) solicit the right to collect or receive payment of a claim for another;
(4) advertise or solicit either in print, by letter, in person or otherwise, the right to collect or receive payment of a claim for another;
(5) seek to make collection or obtain payment of a claim on behalf of another.
(b) This chapter does not apply to the following when engaged in the regular course of their respective businesses:
(1) attorneys at law;
(2) persons regularly employed on a regular wage or salary in the capacity of credit men or a similar capacity, except as an independent contractor;
(3) banks, including trust departments of banks, fiduciaries and financing and lending institutions;
(4) common carriers;
(5) title insurers and abstract companies while doing an escrow business;
(6) licensed real estate brokers;
(7) employees of licensees under this chapter;
(8) substation payment offices employed by or serving as independent contractors for public utilities.
(c) A violation of this section is a misdemeanor punishable by imprisonment in a jail for not to exceed one year, or by a fine of not more than $1,000, or by both.
Cite this article: FindLaw.com - Alaska Statutes Title 8. Business and Professions § 08.24.090. License required - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-8-business-and-professions/ak-st-sect-08-24-090/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)