Alaska SB 84: An Act relating to the business of money transmission; relating to money transmission licenses, licensure requirements, and registration through the Nationwide Multistate Licensing System and Registry; 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 money transmission license exemptions; relating to payroll processing services; repealing currency exchange licenses; and providing for an effective date.

Status: (S) REFERRED TO RULES (as of 2024-04-26)

State: Alaska · Session: 33 · Bill: SB 84

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

Sponsors: Senate Rules

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