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§ 06-20-040 — Alaska Law | CourtGPT
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  2. Laws/
  3. Alaska/
  4. Title 6 - Banks and Financial Institutions/
  5. Chapter 20 - Alaska Small Loans Act/
  6. Article 1 - Licensing.sec. 06.20.010. License Required/
  7. § 06-20-040
Alaska Legal Code

§ 06-20-040

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An applicant shall prove, in form satisfactory to the department, that the applicant has available for the operation of the business at the location specified in the application, liquid assets of at least $25,000, or, in the case of a multiple office license, that the equivalent amount is available to each office from a central account maintained by the applicant.