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Current as of January 01, 2022 | Updated by FindLaw Staff
In this chapter,
(1) “buyer's agent” means a person who does business in the state by negotiating on behalf of a buyer the purchase of a motor vehicle from a motor vehicle dealer;
(2) “department” means the Department of Administration;
(3) “motor vehicle” means a motor vehicle that is required to be registered under AS 28.10;
(4) “motor vehicle dealer” or “dealer”
(A) means
(i) a buyer's agent; or
(ii) a person, other than a manufacturer, who sells, leases, solicits, or arranges for the sale or lease of five or more motor vehicles in any 12 consecutive months, regardless of who owns the vehicles;
(B) does not include
(i) a receiver, a trustee, an administrator, an executor, a guardian, or another person appointed by a court or a person performing duties as a public officer;
(ii) a person disposing of a motor vehicle acquired and actually used for the person's own use or for the use of a family member of the person, or acquiring a motor vehicle for the person's own use or for the use of a family member of the person if the vehicle is acquired and used in good faith and not for the purpose of avoiding the provisions of this chapter;
(iii) a person who sells motor vehicles as an incident of the person's principal business but who is not engaged primarily in the selling of motor vehicles;
(iv) an employee of an organization arranging for the purchase or lease by the organization of a vehicle for use in the organization's business;
(v) a publication, broadcast, or other communications media when engaged in the business of advertising, but not otherwise arranging for the sale of a motor vehicle owned by another person.
Cite this article: FindLaw.com - Alaska Statutes Title 8. Business and Professions § 08.66.350. Definitions - last updated January 01, 2022 | https://codes.findlaw.com/ak/title-8-business-and-professions/ak-st-sect-08-66-350.html
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 or via Westlaw before relying on it for your legal needs.
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