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2020 Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 55. Alaska Uniform Money Services Act
Article 1. Money Transmission Licenses.
Sec. 06.55.101. License required.
Universal Citation: AK Stat § 06.55.101 (2020)
(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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