Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 13 - Money Services
Article 1 - Licensing
3 AAC 13.010 - Money transmission license applications
Current through February 24, 2025
(a) A person applying for a money transmission or currency exchange license under AS 06.55.101 or 06.55.201 must submit an application that complies with AS 06.55.102 or 06.55.202 to the department through the registry. In addition to the information required by AS 06.55.102 or 06.55.202, the application must contain
(b) For the purposes of this section, the department may use the registry as an agent for requesting information from and distributing information to the United States Department of Justice, another governmental agency, or another source directed by the department.
(c) As part of the investigation of an application for a license under this chapter, the department will, under (a)(3) of this section, including through the registry, obtain an independent credit report and other information related to administrative, civil, or criminal findings regarding the applicant and each control person of the applicant.
Authority:AS 06.55.102
AS 06.55.104
AS 06.55.202
AS 44.33.020