(a) A license is valid for two years.
(b) A person may renew a license under AS 08.01.100. The renewal fee must be equal to the fee established under AS 08.76.110(5).
(c) Notwithstanding AS 08.01.100(b), if a person fails to renew a license before the expiration date of the license, the person shall pay the department a delayed renewal penalty of $100 in addition to the regular renewal fee.
(d) If a person fails to renew the person's license, the person may not engage in business as a pawnbroker until the person's license is renewed or a new license is issued.
(e) The department may refuse to renew a license under this section for reasons that would have prevented the issuance of the license to the person under AS 08.76.110.
Structure Alaska Statutes
Title 8. Business and Professions
Chapter 76. Pawnbrokers and Secondhand Dealers
Article 2. Licensing and Regulation of Pawnbrokers.
Sec. 08.76.100. Licensing required.
Sec. 08.76.110. Requirements for license.
Sec. 08.76.130. Withdrawal of application.
Sec. 08.76.140. Duration and renewal of license.
Sec. 08.76.160. Limit on pawn transaction amount.
Sec. 08.76.170. Customer and transaction limitations.
Sec. 08.76.180. Register of pawnbroker transactions.
Sec. 08.76.190. Recording requirements.
Sec. 08.76.200. Transaction agreement.
Sec. 08.76.220. Other charges allowed.
Sec. 08.76.240. Return of pledged property.
Sec. 08.76.250. Extension of grace period.
Sec. 08.76.260. Retention, storage, and lease.
Sec. 08.76.280. Military personnel.
Sec. 08.76.290. Business operation method and hours.
Sec. 08.76.300. Waiver prohibited.
Sec. 08.76.320. Issuance of police hold order.
Sec. 08.76.330. Evidentiary hold order.
Sec. 08.76.340. Contents and form of hold order.
Sec. 08.76.350. Duration of police hold order.
Sec. 08.76.360. Noncompliance with hold order.
Sec. 08.76.370. Claim notification.
Sec. 08.76.380. Court action on claim.
Sec. 08.76.390. Liability of pledgor.
Sec. 08.76.400. Recovery of leased property.
Sec. 08.76.410. Law enforcement reports.
Sec. 08.76.420. Contents of law enforcement reports.
Sec. 08.76.430. Inspection by law enforcement entities.
Sec. 08.76.450. Civil penalty.