(a) A seller who recklessly violates AS 45.66.010 - 45.66.060, 45.66.080 - 45.66.110, or 45.66.150 is guilty of a class C felony.
(b) A seller who recklessly violates AS 45.66.130(e), 45.66.140, or 45.66.170 is guilty of a class A misdemeanor.
(c) Each violation is a separate offense, and a prosecution or conviction for one of the offenses does not bar prosecution or conviction of another offense.
(d) In this section, “recklessly” has the meaning given in AS 11.81.900.
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.