Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 11 - Deferred Deposit Advances
3 AAC 11.990 - Definitions

(1) "control person" means a key individual described in the deferred deposit advance license application form of the registry NMLS who directly or indirectly exercises control over the applicant. A member, partner, director, senior officer, or owner of 10 percent or more of the equity of the applicant for a or deferred deposit advance licensee;

(2) "department" means the Department of Commerce, Community, and Economic Development;

(3) "Form MU1" means the uniform company application developed and used by the registry;

(4) "Form MU2" means the uniform individual statement and consent form developed and used by the registry;

(5) "office manager" means an individual who is in charge of and responsible for the business operations of an office of a deferred deposit advance licensee;

(6)' "other trade name" means a name other than the legal name of a business entity;

(7)' "registry" means the Nationwide Multistate Licensing System and Registry (NMLS), a licensing system owned and operated by the State Regulatory Registry, LLC, for the licensing and registration of persons in the mortgage and other financial services industries;

(7) "report of condition" means a quarterly report as required by the registry.