(a) This chapter does not apply to

Terms Used In Alaska Statutes 43.70.105

  • business: means a for profit or nonprofit entity engaging or offering to engage in a trade, a service, a profession, or an activity with the goal of receiving a financial benefit in exchange for the provision of services, or goods or other property. See Alaska Statutes 43.70.110
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
  • person: includes an individual, firm, partnership, joint venture, association, corporation, estate trust, business trust, receiver, or any group or combination acting as a unit. See Alaska Statutes 43.70.110
  • 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
(1) a fisheries business;
(2) the sale of liquor under a license issued under Alaska Stat. Chapter 04.11;
(3) an insurance business;
(4) a mining business;
(5) supplying services as an employee;
(6) furnishing goods or services by a person who does not represent to be regularly engaged in furnishing goods or services;
(7) the activities of an investment club; in this paragraph,

(A) “investment club” means a group of individuals, incorporated or otherwise organized, that engages primarily in investing in securities, that does not sell investment services to another person, that does not advertise, and the primary purpose of which is educational;
(B) “security” has the meaning given in Alaska Stat. § 45.56.900;
(8) a bank organized under Alaska Stat. Chapter 06.05 or the laws of another state;
(9) a national bank chartered by the United States;
(10) a credit union organized under Alaska Stat. Chapter 06.45 or the laws of another state;
(11) a credit union regulated by the National Credit Union Administration;
(12) a mutual savings bank chartered under Alaska Stat. Chapter 06.15 or organized under the laws of another state.
(b) Notwithstanding an exemption provided by (a) of this section, a person who sells cigarettes, cigars, tobacco, products containing tobacco, electronic smoking products, or products containing nicotine as a retailer must have a business license under Alaska Stat. § 43.70.020 and a business license endorsement required under Alaska Stat. § 43.70.075.
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