(a) A pawnbroker shall maintain a register in which the pawnbroker shall enter in legible English at the time of each pawnbroker transaction

lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Alaska Statutes 08.76.180

  • municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • property: includes real and personal property. See Alaska Statutes 01.10.060
(1) the date of the pawnbroker transaction;
(2) the name of the person conducting the pawnbroker transaction;
(3) the name, age, and address of the pledgor or purchaser;
(4) a description of the pledged property or purchased property, including the serial number, model number, or other number on the item of property;
(5) the price paid or amount loaned;
(6) the signature of the pledgor or seller; and
(7) the type of identification used by the pledgor or seller, the name of the government agency that issued the identification, and the number written on the identification.
(b) A register may be contained in a book or in an electronic format, except that, subject to (c) of this section, the register for pawn transactions must be in an electronic format.
(c) If, on July 1, 2011, a pawnbroker is located in a municipality that has a population of 6,000 or fewer individuals, the pawnbroker’s register for pawn transactions may be contained in a book.
(d) A pawnbroker may not falsify or intentionally fail to make an entry of a material matter in a register.
(e) A pawnbroker shall maintain in good condition the record in the register of a completed pawnbroker transaction for one year after the completion of the pawnbroker transaction.
  Previous section
Next section  
 Article 2 Contents