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Article 1. Licensing.
Sec. 06.20.010. License required. - (a) A person may not engage in the business of...
Sec. 06.20.020. Application for license; disclosure for child support purposes. - (a) Application for a license shall be in writing under...
Sec. 06.20.030. Fees and charges. - (a) Investigation expenses incurred by the department in processing an...
Sec. 06.20.040. Liquid assets required. - An applicant shall prove, in form satisfactory to the department,...
Sec. 06.20.050. Bond. - The applicant shall file with the application a bond to...
Sec. 06.20.060. Issuance of license. - Upon the filing of the application, the payment of the...
Sec. 06.20.070. Form, posting, and transfer of license. - The license must state the address at which the business...
Sec. 06.20.080. Additional bond. - If at any time the department finds that the bond...
Sec. 06.20.090. Places of business. - (a) A licensee may maintain only one place of business...
Sec. 06.20.100. New bond. - On or before December 20 of each year, each licensee...
Article 2. Revocation, Suspension, Surrender, and Reinstatement of Licenses.
Sec. 06.20.110. Grounds for revocation of license. - The department shall, under the Administrative Procedure Act (AS 44.62),...
Sec. 06.20.120. Revocation or suspension where licensee has branches. - Where a licensee holds more than one license, the department...
Sec. 06.20.130. Surrender. - A licensee may surrender a license by delivering written notice...
Sec. 06.20.140. Effect of revocation, suspension, or surrender. - A revocation, suspension, or surrender of a license does not...
Sec. 06.20.150. Status of license; reinstatement. - Every license remains in force and effect until it is...
Article 3. Inspections, Examinations, Records, and Reports.
Sec. 06.20.160. Inspection and examination of licensees. - For the purpose of discovering violations of this chapter or...
Sec. 06.20.170. Periodic examination. - The department shall examine the affairs, business, office, and records...
Sec. 06.20.180. Books and records of licensees. - Each licensee shall keep and use in the licensed premises...
Sec. 06.20.190. Annual reports of licensees. - Each licensee shall, on or before March 15 of each...
Article 4. Business Practices.
Sec. 06.20.200. Advertising of misleading statements prohibited. - (a) A person may not advertise, print, display, publish, distribute,...
Sec. 06.20.210. Use of premises restricted. - A licensee may not conduct the business of making loans...
Sec. 06.20.220. Transactions limited to licensed premises. - A licensee may not transact business or make any loan...
Sec. 06.20.230. Maximum interest permitted. - (a) A licensee may lend any sum of money not...
Sec. 06.20.240. Loans for purpose of obtaining higher interest. - A licensee may not induce or permit a person, or...
Sec. 06.20.250. Payments and interest. - (a) Interest may not be paid, deducted, or received in...
Sec. 06.20.260. Charges prohibited. - (a) A further or other charge or amount for an...
Sec. 06.20.270. Requirements for making and payment of loans. - Except as provided in AS 06.20.285 for open-end loans, every...
Sec. 06.20.280. Maximum charge by licensee. - A licensee may not directly or indirectly charge, contract for,...
Sec. 06.20.285. Open-end loans. - (a) A licensee may make open-end loans not exceeding an...
Sec. 06.20.287. Insurance on open-end loans. - (a) A licensee may obtain consumer credit, credit loss of...
Sec. 06.20.290. Purchase of wages or other compensation for $25,000 or less. - For purposes of this chapter, the payment of $25,000 or...
Sec. 06.20.300. Maximum charges by nonlicensee on loans. - (a) Except as authorized in this chapter, a person may...
Article 5. General Provisions.
Sec. 06.20.310. Effect of illegal interest rate. - A loan of the amount or value of $25,000 or...
Sec. 06.20.320. Civil penalties. - (a) A licensee or lender who, in the making or...
Sec. 06.20.330. Exemptions. - (a) [Repealed, § 55 ch 75 SLA 2002.] (b) This...
Sec. 06.20.340. Regulations, rulings, demands, and findings; service of notice. - (a) The department may adopt general regulations and make specific...
Sec. 06.20.350. Amendment or repeal of chapter. - This chapter may be modified, amended, or repealed so as...
Sec. 06.20.900. Definitions. - In this chapter, unless the context otherwise requires, (1) “commissioner”...
Sec. 06.20.920. Short title. - This chapter may be cited as the Alaska Small Loans...