In this chapter, unless the context otherwise requires,

(1) “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;

Terms Used In Alaska Statutes 43.70.110

  • 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
  • commissioner: means the commissioner of commerce, community, and economic development. See Alaska Statutes 43.70.110
  • 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.
  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 43.70.110
  • 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.
  • property: includes real and personal property. See Alaska Statutes 01.10.060
(2) “commissioner” means the commissioner of commerce, community, and economic development;
(3) “department” means the Department of Commerce, Community, and Economic Development;
(4) “electronic smoking product” has the meaning given in Alaska Stat. § 11.81.900 (b);
(5) “line of business” means the particular trade, service, profession, or activity engaged in by a for-profit or nonprofit entity with the goal of receiving a financial benefit;
(6) “person” includes an individual, firm, partnership, joint venture, association, corporation, estate trust, business trust, receiver, or any group or combination acting as a unit;
(7) “product containing nicotine” does not include a cigarette, a cigar, tobacco, or a product containing tobacco.
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