(a) A seller shall maintain a complete set of records relating to the advertising and promotion of the seller's business opportunity for five years and allow the department to inspect and copy them during reasonable business hours.
(b) A seller shall keep all documents relating to a contract entered into by the seller for five years after the date the contract is entered into.
Structure Alaska Statutes
Chapter 66. Sale of Business Opportunities
Sec. 45.66.010. Registration required.
Sec. 45.66.020. Registration procedure.
Sec. 45.66.030. Renewal of registration.
Sec. 45.66.040. Registration and renewal fees.
Sec. 45.66.050. Material changes in registration information.
Sec. 45.66.060. Surety bond required.
Sec. 45.66.070. Location of offer and sale.
Sec. 45.66.080. Disclosure requirements.
Sec. 45.66.090. Written contract required.
Sec. 45.66.100. Restrictions on down payments.
Sec. 45.66.110. Escrow account requirements.
Sec. 45.66.120. Actions for claims against escrow account.
Sec. 45.66.130. Cancellation of contract.
Sec. 45.66.140. Prohibited representations.
Sec. 45.66.150. Untrue statements or omissions.
Sec. 45.66.160. Unwarranted conclusions.
Sec. 45.66.170. Waiver prohibited and void.
Sec. 45.66.180. Seller's records and files.
Sec. 45.66.190. Public records.
Sec. 45.66.200. Denial, suspension, or revocation of registration.
Sec. 45.66.210. Criminal penalties.