(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 […]
(a) A person applying for a currency exchange license under AS 06.55.201 – 06.55.204 shall apply in a form and in a medium prescribed by the department. The application must state or contain (1) the legal name and residential and business addresses of the applicant if the applicant is an individual or, if the applicant […]
(a) When an application for a currency exchange license is filed under AS 06.55.201 – 06.55.204, the department shall investigate the applicant’s financial condition and responsibility, financial and business experience, character, and general fitness. The department may conduct an on-site investigation of the applicant, the reasonable cost of which the applicant shall pay. The department […]
(a) A currency exchange licensee shall pay a biennial renewal fee not later than 30 days before each biennial anniversary of the issuance of the currency exchange license or, if the last day is not a business day, on the next business day. (b) A currency exchange licensee under AS 06.55.201 – 06.55.204 shall submit […]
