​Alaska Administrative Code on Pawnbrokers

Administrative regulations adopted in Alaska dealing with Pawnshop licensing and operation.  

Alaska Administrative Code
Title 12. Professional Regulations
Part 1. Boards and Commissions Subject to Centralized Licensing
Chapter 76. Pawnbrokers

Article 1. Licensing (§§ 12)
Article 2. License Renewal (§§ 12)
Article 3. General Provisions (§§ 12 - 76.900)

Article 1. Licensing

§ 12 AAC 76.010. Application for pawnbroker license

An applicant for licensure as a pawnbroker must
(1) submit a complete application on a form provided by the department;
(2) pay the applicable fees established in 12 AAC 02.380;
(3) demonstrate that the applicant has the required experience to engage in business as a pawnbroker by providing
(A) documentation showing at least six months of ownership of or management experience in a business; that documentation must show, at a minimum, experience in financial transactions, the sale or purchase of goods, or maintenance of an inventory; or
(B) documentation of completion of a two-year college degree program or higher level of education;
(4) submit a notarized statement listing each municipality or licensing jurisdiction in which the applicant holds or has ever held a pawnbroker license; and
(5) submit a report under AS 12.62 containing criminal history record information concerning the applicant and issued no earlier than 90 days before the application; if a state other than this state is the applicant's primary state of residence, or if the applicant holds or has ever held a pawnbroker license in a state other than this state, the applicant must also submit an equivalent report issued by that other state and issued no earlier than 90 days before the application.

Note:
Authority: AS 08.01.060, AS 08.01.065, AS 08.01.080, AS 08.76.100, AS 08.76.110, AS 08.76.470

Article 2. License Renewal

§ 12 AAC 76.200. Pawnbroker license renewal

A pawnbroker license must be renewed biennially on or before December 31 of every odd-numbered year. In order to renew a license, an applicant must submit
(1) a complete renewal application on a form provided by the department;
(2) the license renewal fee established in 12 AAC 02.380; and
(3) if required under AS 08.76.140(c), the delayed renewal penalty fee.

Note:
Authority: AS 08.01.060, AS 08.01.065, AS 08.01.100, AS 08.76.110, AS 08.76.140, AS 08.76.470

Article 3. General Provisions

§ 12 AAC 76.300. Pawnbroker standards and supervision of non-licensed employees

Only a licensee, or an employee that the licensee directly supervises and has directly trained, may perform an activity that is required under or subject to AS 08.76.

Note:
Authority: AS 08.01.060, AS 08.76.100, AS 08.76.470

§ 12 AAC 76.310. Determination of good character

For purposes of determining good character required under AS 08.76 of an applicant or licensee, the department will consider
one or more of the following to constitute a lack of good character:
conviction of, entry of a plea of guilty to, entry of a plea of no contest to, or having adjudication withheld for a felony or for a misdemeanor involving dishonesty;
conduct that reasonably may be viewed as adversely reflecting on the applicant's or licensee's fitness, ability, or willingness to perform the duties of a pawnbroker in accordance with AS 08.76 and this chapter;
a prohibition under federal or state law on possession of firearms by the applicant or licensee; and
whether the applicant or licensee engages in conduct reflecting dishonesty; for purposes of this paragraph, conduct reflecting dishonesty includes
false statements, fraud, deceit, and misrepresentation; and
conduct in the licensing application or licensing renewal process that reflects dishonesty.

Note:
Authority: AS 08.76.100, AS 08.76.110,AS 08.76.140,AS 08.76.440,AS 08.76.450, AS 08.76.470

§ 12 AAC 76.900. Definition

In this chapter, "department" means the Department of Commerce, Community, and Economic Development.

Note:
Authority: AS 08.76.470