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Code · Alaska · Title 6 · Chapter 50

Sec. 06.50.470. Renewal of advance.

64 words·~1 min read·/ak/title-6/chapter-50/06-50-470

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Sec. 06.50.470. Renewal of advance.
(a)The minimum term of a renewal of an advance is 14 days.
(b)A licensee may not renew an advance more than two consecutive times, after which the licensee shall require the advance recipient to repay the advance in full.
(c)A licensee may not renew an advance for fees greater than the fees under AS 06.50.460 (a).
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