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§ 06-55-101 — Alaska Law | CourtGPT
  1. Home/
  2. Laws/
  3. Alaska/
  4. Title 6 - Banks and Financial Institutions/
  5. Chapter 55 - Alaska Uniform Money Services Act/
  6. Article 1 - Money Transmission Licenses.sec. 06.55.101. License Required/
  7. § 06-55-101
Alaska Legal Code

§ 06-55-101

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(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.