Sec. 06.55.101. License required.
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/ak/title-6/chapter-55/06-55-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 06.55.101. License required.
(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.