An applicant shall prove, in form satisfactory to the department, that the applicant has available for the operation of the business at the location specified in the application, liquid assets of at least $25,000, or, in the case of a multiple office license, that the equivalent amount is available to each office from a central account maintained by the applicant.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 20. Alaska Small Loans Act
Sec. 06.20.010. License required.
Sec. 06.20.020. Application for license; disclosure for child support purposes.
Sec. 06.20.030. Fees and charges.
Sec. 06.20.040. Liquid assets required.
Sec. 06.20.060. Issuance of license.
Sec. 06.20.070. Form, posting, and transfer of license.
Sec. 06.20.080. Additional bond.