(a) A person other than a collection agency licensed and authorized under this chapter may not for compensation (1) conduct a collection agency business in this state; (2) collect claims for others in this state; (3) solicit the right to collect or receive payment of a claim for another; (4) advertise or solicit either in print, by letter, in person or otherwise, the right to collect or receive payment of a claim for another; (5) seek to make collection or obtain payment of a claim on behalf of another. (b) This chapter does not apply to the following when engaged in the regular course of their respective businesses: (1) attorneys at law; (2) persons regularly employed on a regular wage or salary in the capacity of credit men or a similar capacity, except as an independent contractor; (3) banks, including trust departments of banks, fiduciaries and financing and lending institutions; (4) common carriers; (5) title insurers and abstract companies while doing an escrow business; (6) licensed real estate brokers; (7) employees of licensees under this chapter; (8) substation payment offices employed by or serving as independent contractors for public utilities. scrow business; (6) licensed real estate brokers; (7) employees of licensees under this chapter; (8) substation payment offices employed by or serving as independent contractors for public utilities. (c) A violation of this section is a misdemeanor punishable by imprisonment in a jail for not to exceed one year, or by a fine of not more than $1,000, or by both.
Alaska Legal Code