Alaska Statutes
Chapter 50. Deferred Deposit Advances
Article 4. Licensee Practices and Recipient Rescission and Payment.

Sec. 06.50.400. Advance agreement. - (a) An advance shall be documented in a written agreement...

Sec. 06.50.410. Maximum amount of advances. - A licensee, including a licensee with more than one location,...

Sec. 06.50.420. Prohibition on dividing advance amount or increasing number of advances. - A licensee may not induce or permit an advance recipient...

Sec. 06.50.430. Prohibition on collateral and services. - The licensee may not accept collateral or services as security...

Sec. 06.50.440. Duration of advances. - The minimum duration of an advance is 14 days.

Sec. 06.50.450. Prohibition on advances on behalf of another. - A licensee may not make an advance to a person...

Sec. 06.50.460. Fees. - (a) Notwithstanding any other provision of law, except for the...

Sec. 06.50.470. Renewal of advance. - (a) The minimum term of a renewal of an advance...

Sec. 06.50.480. Rescission. - A person who receives an advance may rescind an advance...

Sec. 06.50.490. Prohibited arbitration requirement. - A licensee may not require a recipient to agree to...

Sec. 06.50.500. Posted fee notice. - A licensee shall post a notice in each business location...

Sec. 06.50.510. Required disclosures before disbursement. - (a) Before disbursing funds under an advance, a licensee shall...

Sec. 06.50.520. Payment by licensee. - (a) A licensee may give an advance recipient the amount...

Sec. 06.50.530. Payment by advance recipient. - (a) An advance recipient may repay an advance (1) in...

Sec. 06.50.540. Default fees. - If a payment received from an advance recipient is returned...

Sec. 06.50.550. Collection or court action after default. - (a) If an advance recipient defaults, before assigning the payment...

Sec. 06.50.560. Threat of criminal action prohibited. - A licensee may not threaten an advance recipient with criminal...