Section 12.22.990. Definitions.

Unless the context requires otherwise, in this chapter and for the purposes of AS 08.18,   
		(1) "commissioner" means the commissioner of commerce, community, and economic development;  
		(2) "department" means the Department of Commerce, Community, and Economic Development;  
		(3) "negotiable security" means a written security that may be transferred by endorsement and delivery or by delivery only, so as to vest in the transferee the right to demand payment of the full value stated on the face of the security; "negotiable security" include time certificates of deposit, bonds issued by government agencies, and other similar instruments.  

Authorities

08.01.080;08.18.071;44.33.020;44.62.125

Notes

Authority

AS 08.01.080 AS 08.18.071 AS 44.33.020 Editor's note: As of Register 171 (October 2004), the regulations attorney made technical revisions under AS 44.62.125(b)(6) to reflect the name change of the Department of Community and Economic Development to the Department of Commerce, Community, and Economic Development made by ch. 47, SLA 2004 and the corresponding title change of the commissioner of community and economic development. ________________________

History

Eff. 3/25/2004, Register 169