(a) A person may not engage in the business of money transmission or advertise, solicit, or hold the person out as providing money transmission unless the person
(1) holds a money transmission license; or
(2) is an authorized delegate of a person who holds a money transmission license.
(b) A money transmission license is not transferable or assignable.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 55. Alaska Uniform Money Services Act
Article 1. Money Transmission Licenses.
Sec. 06.55.101. License required.
Sec. 06.55.102. Application for license.
Sec. 06.55.103. Approval to engage in money transmission when licensed in another state.
Sec. 06.55.105. Issuance of license.