GroundRules
AS 06.50.210: Change in control.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 50. Deferred Deposit Advances.
- Article 2. License Transfer, Assignment, Control, and Change.
The prior written approval of the department is required for the continued operation of a licensee's deferred deposit advance business when a change in control of the licensee is proposed. The department may require the information it considers necessary to determine whether a new application is required. The licensee requesting approval of the change in control shall pay all reasonable expenses incurred by the department to investigate and approve or deny the change in control.
Collected 2026-09-02T06:16:15Z. Source file · JSON