A money transmission licensee shall maintain a net worth of at least $25,000 determined under generally accepted accounting principles.
Article 2. Currency Exchange Licenses.
AS 06.55.107
Net worth
Known as the Alaska Uniform Money Services Act
The act spans §§ 6–6 (42 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.