There is a newer version of the Alaska Statutes
2011 Alaska Statutes
Title 06. BANKS AND FINANCIAL INSTITUTIONS
Chapter 06.55. ALASKA UNIFORM MONEY SERVICES ACT
Sec. 06.55.101. License required.
AK Stat § 06.55.101 (through 27th Leg Sess 2012) What's This?
(a) A person may not engage in the business of money transmission or advertise, solicit, or hold the person out as providing money transmission unless the person
(1) holds a money transmission license; or
(2) is an authorized delegate of a person who holds a money transmission license.
(b) A money transmission license is not transferable or assignable.
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