{"data":{"id":"us-ak/as-06.50.470","jurisdiction":"us-ak","citation":"AS 06.50.470","heading":"Renewal of advance.","body":"(a) The minimum term of a renewal of an advance is 14 days.\n(b) A licensee may not renew an advance more than two consecutive times, after which the licensee shall require the advance recipient to repay the advance in full.\n(c) A licensee may not renew an advance for fees greater than the fees under AS 06.50.460(a).","path":["Title 6. Banks and Financial Institutions.","Chapter 50. Deferred Deposit Advances.","Article 4. Licensee Practices and Recipient Rescission and Payment."],"source_url":"https://www.akleg.gov/basis/statutes.asp#06.50.470","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:15Z","sha256":"5537c453cb62606b8a8df68875f69868b21c0f8003ceb6f5a7fe2b62ca1f3c3d","source_id":"us-ak","stale":false,"prev":"us-ak/as-06.50.460","next":"us-ak/as-06.50.480"},"notice":"GroundRules: Original legal text. Not legal advice."}