12 Alaska Admin. Code § 21.990

Current through October 17, 2024
Section 12 AAC 21.990 - Definitions

Unless the context requires otherwise, in this chapter and for the purposes of AS 08.18,

(1) "cash deposit" includes negotiable securities filed with the commissioner under AS 08.18.071(c);
(2) "commissioner" means the commissioner of commerce, community, and economic development;
(3) "communications" means a system for transmitting or exchanging information, including telephones and computers;
(4) "construction contracting services" means the provision, as part of a construction contract agreement and for monetary compensation, of services and oversight for constructing or for the acts in any manner of a contractor;
(5) "contractor" has the meaning given in AS 08.18.171;
(6) "department" means the Department of Commerce, Community, and Economic Development;
(7) "entity" has the meaning given in AS 10.55.901;
(8) "joint venture" means an association of two or more persons to carry out construction projects for profit, for which purpose the persons combine their property, money, efforts, skill, and knowledge;
(9) "negotiable security" means any 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, and includes time certificates of deposit, bonds issued by governmental agencies and other similar instruments;
(10) "partnership" means a legal form of business ownership organized under AS 32 between two or more natural persons;
(11) "person" means an individual, a sole proprietor, a partnership, a corporation, a limited liability company, limited liability partnership, or limited partnership;
(12) "Uniform Mechanical Code" has the meaning given in 12 AAC 39.992(b).

12 AAC 21.990

Eff. 7/2/77, Register 62; am 1/19/2002, Register 161; am 8/8/2021, Register 239, October 2021

Authority:AS 44.33.020