Alaska Statutes 08.76.250 – Extension of grace period
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Terms Used In Alaska Statutes 08.76.250
- Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
- writing: includes printing. See Alaska Statutes 01.10.060
A pawnbroker and a pledgor may agree to extend the 30-day grace period allowed under Alaska Stat. § 08.76.270(b), but each extension may not exceed 30 days. An extension must be in writing, and the pawnbroker shall give the pledgor a copy of the extension agreement. The agreement must clearly state the last day of the extension and the finance fee charged for the extension.