(a) A person engaged in the business of buying and selling secondhand articles, except a bank or a person regulated by AS 08.76.100 – 08.76.590, shall maintain a book, in permanent form, in which the person shall enter in legible English at the time of each purchase or sale (1) the date of the transaction; […]
The entries in the book required by AS 08.76.010 shall appear in chronological order in ink or indelible pencil. Blank lines may not be left between entries. Obliterations, alterations, or erasures may not be made. Corrections shall be made by drawing a line through the entry without destroying its legibility, and the line shall be […]
A person who violates AS 08.76.010 or 08.76.020 is guilty of a misdemeanor and upon conviction is punishable by a fine of not more than $500, or by imprisonment for not more than six months, or by both.
