Sec. 06.55.101. License required.

AK Stat § 06.55.101 (2019) (N/A)
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(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.