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§ 06-55-820 — 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 8 - Miscellaneous Provisions.sec. 06.55.801. Uniformity of Application and Construction/
  7. § 06-55-820
Alaska Legal Code

§ 06-55-820

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Within 10 business days after receiving the money or equivalent value for money transmission, unless otherwise ordered by the customer or unless the money transmission licensee has reason to believe a crime has occurred, is occurring, or may occur as a result of the money transmission, a money transmission licensee shall (1) transmit after the deduction of fees the monetary equivalent of all money or equivalent value received for the money transmission; or (2) issue instructions making the money or its monetary equivalent available to the person designated by the customer.