Made available by
Touch N' Go Systems, Inc., and the
Law Offices of James B. Gottstein.
You can also go to The Alaska Legal Resource Center or search the entire website search.
|
In AS 45.66 and this chapter, unless the context requires otherwise,
(1) "affiliated company" means a business entity that
(A) will engage in business transactions with buyers relating to the sale of a business opportunity; or
(B) accepts responsibility for the acts or statements made by the seller relating to sales or offers to sell business opportunities;
(2) "department" means the Department of Law;
(3) "down payment" has the meaning given in AS 45.66.100 ;
(4) "initial payment" has the meaning given in AS 45.66.100 ;
(5) "owner" means a person who owns or controls 10 percent or more of the net income of a business entity;
(6) "parent company" means a business entity that
(A) is an owner of the seller; and
(B) has authority to control the employment or appointment of officers, directors, or managers of the seller.
History: Eff. 3/23/2005, Register 173
Authority: AS 45.66.080
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006