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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person may not engage in currency exchange or advertise, solicit, or hold the person out as providing currency exchange for which the person receives revenues equal or greater than five percent of total revenues unless the person
(1) holds a currency exchange license;
(2) holds a money transmission license; or
(3) is an authorized delegate of a person who holds a money transmission license.
(b) A currency exchange license is not transferable or assignable.
Cite this article: FindLaw.com - Alaska Statutes Title 6. Banks and Financial Institutions § 06.55.201. License required - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-6-banks-and-financial-institutions/ak-st-sect-06-55-201/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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