(a) A person may not engage in currency exchange or advertise, solicit, or hold the person out as providing currency exchange for which the person receives revenues equal or greater than five percent of total revenues unless the person

Terms Used In Alaska Statutes 06.55.201

  • 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 currency exchange license;
(2) holds a money transmission license; or
(3) is an authorized delegate of a person who holds a money transmission license.
(b) A currency exchange license is not transferable or assignable.
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