Alaska SB 86: An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a nationwide multistate licensing system; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; relating to abandoned virtual currency; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.

Status: (H) FN2: (CED) (as of 2026-09-30)

State: Alaska · Session: 34 · Bill: SB 86

Subjects: AUDITS, BUSINESS, COMPACTS, CREDIT, DISCLOSURE, ECONOMIC DEVELOPMENT, FINANCE, FINANCIAL INSTITUTIONS, INVESTMENTS, LICENSING, PROPERTY

Sponsors: Kiehl

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