(a) A person commits the crime of unlawful possession if the person possesses a propelled vehicle, bicycle, firearm, movable or immovable construction tool or equipment, appliance, merchandise or other article or its component parts knowing that the serial number or identification mark placed on it by the manufacturer or owner for the purpose of identification has been defaced, erased, or otherwise altered with the intent of causing interruption to the ownership of another.

Attorney's Note

Under the Alaska Statutes, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class C felonyup to 5 yearsup to $50,000
Class A misdemeanorup to 1 yearup to $25,000
Class B misdemeanorup to 90 daysup to $2,000
For details, see Alaska Stat. § 12.55.125 and Alaska Stat. § 12.55.135

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Terms Used In Alaska Statutes 11.46.270

(b) Unlawful possession is

(1) a class C felony if the value of the property on which the serial number or identification mark appeared is $750 or more;
(2) a class A misdemeanor if the value of the property on which the serial number or identification mark appeared is $250 or more but less than $750;
(3) a class B misdemeanor if the value of the property on which the serial number or identification mark appeared is less than $250.