(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

Terms Used In Alaska Statutes 06.55.101

  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
(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.