9 AAC 14.900.
Definitions
(a)
In this chapter,
(1)
"affiliated
company" means any company that will engage in business transactions with
buyers relating to sales solicited by the telephonic seller, or which accepts
responsibility for the acts or statements made by the telephonic seller
relating to sales made or solicited by the telephonic seller;
(2)
"owner" means a
person who owns or controls 10 percent or more of the net income of a telephonic
seller;
(3)
"parent company"
means a business entity that has authority to control the appointment of
officers or managers of the telephonic seller by reason of being an owner of
the telephonic seller;
(4)
the term "sound
recording" in AS 45.63.080(10) includes video recordings when the video
recording has an audio component.
(b)
In AS 45. and in this chapter,
the sale of "property or services" does not include a transaction:
(1)
when the only consideration
for the money spent by the buyer is participation in a telephone conversation;
(2)
initiated by a written
communication addressed to "boxholder," "occupant,"
"resident," or similar generic description of the intended recipient
and no individual person, institution, or business organization is named
anywhere in the written communication in a manner that identifies the
individual person, institution or business enterprise as the intended
recipient; or
(3)
initiated by a communication
in newspapers, magazines, and other publications unless they are directed to
one or more persons, institutions, or business organizations by name,
specifically advising, requesting, motivating, or otherwise encouraging that
specific person, institution, or business organization to contact the seller by
telephonic means.
