A money transmission licensee shall maintain a net worth of at least $25,000 determined under generally accepted accounting principles.
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.