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
In AS 08.76.100--08.76.590,
(1) “amount financed” means the amount of money, excluding a finance fee, charged by a pawnbroker for a pawn transaction;
(2) “business” includes advertising;
(3) “claim” means a claim under AS 08.76.370;
(4) “claimant” means a person who makes a claim;
(5) “department” means the Department of Commerce, Community, and Economic Development;
(6) “evidentiary hold order” means an evidentiary hold order authorized under AS 08.76.330;
(7) “finance fee” means all the amounts that a pawnbroker may charge under AS 08.76.210;
(8) “governmental fee” means a fee imposed by a governmental agency on a pawnbroker to hold or transfer a firearm or conduct a background check required by the governmental agency;
(9) “grace period” means the 30-day period after a maturity date during which a pawnbroker is required by AS 08.76.270(b) to retain possession of pledged property;
(10) “hold order” means a police hold order or an evidentiary hold order;
(11) “identification” means
(A) a government-issued identification document that contains a photograph; or
(B) an electronic image of a document identified under (A) of this paragraph;
(12) “knowingly” has the meaning given in AS 11.81.900;
(13) “law enforcement agency” means
(A) the police department of a municipality where a pawnshop is located;
(B) the Department of Law;
(C) the Department of Public Safety;
(14) “law enforcement officer” means
(A) a police officer of the municipality where a pawnshop is located; or
(B) a state trooper if a pawnshop is located in the unorganized borough or if a pawnshop is located in a municipality that does not provide police protection services;
(15) “law enforcement report” means a report required by AS 08.76.410;
(16) “lease” means any form of rental;
(17) “license” means a license to engage in business as a pawnbroker issued under AS 08.76.110;
(18) “licensee” means a person who holds a license;
(19) “maturity date” means the date by which a pledgor is required to pay a pawnbroker the amount financed and the finance fee for a pawn transaction, but does not include a grace period;
(20) “misappropriated” means pledged or sold to a pawnbroker
(A) after being stolen; or
(B) while being leased to the pledgor or seller by another person if the property has a permanent label or other conspicuous mark identifying it as another person's property;
(21) “pawnbroker” means a person who lends money in exchange for a pledge of property;
(22) “pawnbroker transaction” means a pawn transaction or purchase;
(23) “pawn transaction” means a pledge given in exchange for a loan by a pawnbroker;
(24) “personal property” means tangible personal property, but does not include a security, a title to property, a deed, a bill of sale, or printed evidence of indebtedness;
(25) “pledge” means a deposit of property as security for payment of financial obligations to a pawnbroker in a pawn transaction;
(26) “pledged property” means the property that is pledged in a pawn transaction;
(27) “pledgor” means
(A) a person who delivers property to a pawnbroker for a pawn transaction; or
(B) the principal, if the person who delivers property to a pawnbroker for a pawn transaction discloses that the delivery person is acting for a principal;
(28) “police hold order” means a hold order authorized under AS 08.76.320;
(29) “property” means personal property;
(30) “purchase” means a purchase of property by a pawnbroker that is not a pawn transaction;
(31) “redeem” means to obtain the return of pledged property under AS 08.76.270;
(32) “register” means the register required to be maintained by AS 08.76.180;
(33) “registration fee” means a fee for registering a firearm;
(34) “seller” means a person who sells property to a pawnbroker, but does not include a pledgor;
(35) “transaction agreement” means the transaction agreement required by AS 08.76.200.
Cite this article: FindLaw.com - Alaska Statutes Title 8. Business and Professions § 08.76.590. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-8-business-and-professions/ak-st-sect-08-76-590/
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)