In this chapter, unless the context requires otherwise

1. (1) "communicating" means conveying information regarding a debt, directly or indirectly, to any person through any medium;
2. (2) "creditor" means a financial institution with a certificate of authority or license issued by the department under AS 06 to conduct business as a financial institution in this state including, but not limited to, commercial and mutual savings banks, savings associations, trust companies, finance company licensees, and premium finance company licensees;
3. (3) "debt" means any obligation or alleged obligation to pay money, whether or not the obligation has been reduced to judgment;
4. (4) "debtor" means any person obligated or allegedly obligated to pay any debt and, in the case where the debtor is a minor, includes the guardian, executor, administrator, or parent of the debtor;
5. (5) "department" means the Department of Commerce, Community, and Economic Development;
6. (6) "director" means the director of banking and securities in the department or the director's designee;
7. (7) "division" means the division of banking and securities in the department.

(Eff. 4/4/79, Register 70; am 6/6/82, Register 82; am 1/10/94, Register 129; am 12/7/2006, Register 180)

Authority: AS 06.05.005, AS 06.20.340, AS 06.40.180, AS 06.15.010, AS 06.26.250, AS 06.45.010