Alaska Statutes > Title 45 > Chapter 45 > Article 5 – Regulation of Motor Vehicle Repairs
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Terms Used In Alaska Statutes > Title 45 > Chapter 45 > Article 5 - Regulation of Motor Vehicle Repairs
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- 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
- writing: includes printing. See Alaska Statutes 01.10.060