Sec. 06.50.610. Relationship to federal and other state law.
(a) If a provision of this chapter is preempted by or conflicts with federal law in a particular situation, the provision does not apply to the extent of the preemption or conflict. (b) If a provision of this chapter conflicts with another state law in a particular situation, the provision in this chapter governs to […]
Sec. 06.50.430. Prohibition on collateral and services.
The licensee may not accept collateral or services as security for or payment of an advance.
Sec. 06.50.440. Duration of advances.
The minimum duration of an advance is 14 days.
Sec. 06.50.070. Duration of license.
A license issued under this chapter is valid for two calendar years. Each license remains in force through the calendar year after the calendar year in which the license was issued unless surrendered, suspended, or revoked under this chapter.
Sec. 06.50.450. Prohibition on advances on behalf of another.
A licensee may not make an advance to a person who purports to be acting on behalf of another person.
Sec. 06.50.080. Renewal of license.
A license issued under this chapter shall be renewed on or before the date set by the department by submitting to the department a completed renewal application on a form established by the department and paying a nonrefundable renewal fee established by the department, which may not exceed $3,000.
Sec. 06.50.460. Fees.
(a) Notwithstanding any other provision of law, except for the fee allowed under AS 06.50.510(b)(3) and where federal law provides otherwise, a licensee may only charge (1) a nonrefundable origination fee in an amount not to exceed $5; and (2) a fee that does not exceed $15 for each $100 of an advance, or 15 […]
Sec. 06.50.090. Denial of license or renewal.
(a) If the department determines that an applicant is not qualified to receive a license or a license renewal, the department shall notify the applicant in writing within 20 days that the application has been denied and state the basis for the denial. (b) The decision of the department to deny an application or a […]
Sec. 06.50.470. Renewal of advance.
(a) The minimum term of a renewal of an advance is 14 days. (b) A licensee may not renew an advance more than two consecutive times, after which the licensee shall require the advance recipient to repay the advance in full. (c) A licensee may not renew an advance for fees greater than the fees […]
Sec. 06.50.200. Transfer or assignment.
Except for the transfer of a license to a new location under AS 06.50.220, a licensee may not transfer or assign the licensee’s license.