50-State Financial Services Licensing Compliance Guide
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Alaska Finance Licensing

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Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in Alaska.

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Company Licenses

Alaska Financial Services Company Licenses

Alaska Collection Agency Branch License

Agency:Alaska Division of Corporations, Business and Professional Licensing - Collection Agency/Operator Section
Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Initial Registration

Form:

Collection Agency Branch License Application

Agency Fee:

$125

Notarize:Required
Notes:

Branches must also submit an initial statement of employees within 15 days after becoming licensed.

Registration Renewal

Form:

Biennial Collection Agency Branch License Renewal Application

Agency Fee:

$125. If the branch was initially registered during the second half of the biennial license period, the fees are half of the full amount ($62.50) for the first renewal.

Due:

By June 30 of even-numbered years. Licenses issued within 90 days of the expiration date are exempt from the first renewal period.

Amendment

Form:

Collection Agency/Branch Notice of Employment

Agency Fee:

$0

Due:

Within 15 days of hiring a new employee in any position.

Notarize:Required
Notes:

Only required for employees working on accounts of Alaska-based clients.

Amendment

Form:

Collection Agency/Branch Notice of Withdrawal of Employee

Agency Fee:

$0

Due:

Within 15 days of an employee withdrawing from employment or termination of an employee.

Notes:

Only required for employees who worked on accounts of Alaska-based clients.

Alaska Collection Agency License

Agency:Alaska Division of Corporations, Business and Professional Licensing - Collection Agency/Operator Section
Foreign Qualification is Prerequisite:Yes
Bond Requirements:

$5,000

Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Initial Registration

Form:

Collection Agency License Application

Agency Fee:

$50 application fee + $125 license fee for domestic entities and $100 application fee + $250 license fee for foreign entities.

Notarize:Required
Notes:

Agencies must also submit an initial statement of employees within 15 days after becoming licensed.

Registration Renewal

Form:

Biennial Collection Agency License Renewal Application

Agency Fee:

$125 for domestic entities and $250 for foreign entities. If the agency initially registered during the second half of the biennial license period, the fees are half of the full amount ($62.50 for domestic entities and $125 for foreign entities) for the first renewal.

Due:

By June 30 of even-numbered years. Licenses issued within 90 days of the expiration date are exempt from the first renewal period.

Amendment

Form:

Collection Agency/Branch Notice of Employment

Agency Fee:

$0

Due:

Within 15 days of hiring a new employee in any position.

Notarize:Required
Notes:

Only required for employees working on accounts of Alaska-based clients.

Amendment

Form:

Collection Agency/Branch Notice of Withdrawal of Employee

Agency Fee:

$0

Due:

Within 15 days of an employee withdrawing from employment or termination of an employee.

Notes:

Only required for employees who worked on accounts of Alaska-based clients.

Supplemental Reporting
Collection Agency Annual Statement

Form:

Annual Statement of Collections

Agency Fee:

$0

Due:

Annually by January 31st.

Notarize:Required
Notes:

Annual statements are only required of main offices, not branches.

Alaska Currency Exchange License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Deferred Deposit Advance Branch License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Deferred Deposit Advance License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Money Transmitter License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Mortgage Broker/Lender Branch Registration

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Mortgage Broker/Lender License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Nonprofit Organization Mortgage Exemption License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Registered Depository Institution Branch Registration

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Alaska Registered Depository Institution Registration

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Individual Licenses

Alaska Individual Financial Services Licenses

Alaska Collection Agency Operator License

Agency:Alaska Division of Corporations, Business and Professional Licensing - Collection Agency/Operator Section
Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

Initial Registration

Form:

Collection Agency Operator License Application

Agency Fee:

$50 application fee + $125 license fee for Alaska residents and $100 application fee + $250 license fee for non-residents.

Notarize:Required

Registration Renewal

Form:

Biennial Collection Agency Operator License Renewal Application

Agency Fee:

$125 for Alaska residents and $250 for non-residents. If the operator initially registered during the second half of the biennial license period, the fees are half of the full amount ($62.50 for residents and $125 for non-residents) for the first renewal.

Due:

By June 30 of even-numbered years. Licenses issued within 90 days of the expiration date are exempt from the first renewal period.

Alaska Mortgage Loan Originator License

Foreign Qualification is Prerequisite:Not Set
Exam Required?Not Set
Registered Agent (Special Agency) Required?Not Set

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