Alaska Statutes 45.63.020 – Written contract required
Current as of: 2023 | Check for updates
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Terms Used In Alaska Statutes 45.63.020
- Contract: A legal written agreement that becomes binding when signed.
Until a telephone seller receives from a buyer a signed, written contract for the purchase, the telephone seller may not solicit payment for the purchase, charge a credit card account for the purchase, negotiate a check or other commercial instrument intended for payment of the purchase, or accept a cash payment for the purchase. The written contract must notify the buyer of the rights of the buyer under Alaska Stat. § 45.63.030(a) and disclose the information required by the department by regulation.