GroundRules
AS 06.50.480: Rescission.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 50. Deferred Deposit Advances.
- Article 4. Licensee Practices and Recipient Rescission and Payment.
A person who receives an advance may rescind an advance without cause and without cost, except for the nonrefundable origination fee, at any time before the close of business on the business day following the day on which the advance was made by paying the principal amount of the advance to the licensee in cash or other immediately available funds.
Collected 2026-09-02T06:16:15Z. Source file · JSON