Alaska § 06.50.460 - Fees.
Full text of Alaska Alaska Statutes § 06.50.460 — Fees., with citation guidance and answers to common questions.
§ 06.50.460. Fees.
(a) Notwithstanding any other provision of law, except for the fee allowed under AS 06.50.510 (b)(3) and where federal law provides otherwise, a licensee may only charge (1) a nonrefundable origination fee in an amount not to exceed $5; and
(2) a fee that does not exceed $15 for each $100 of an advance, or 15 percent of the total amount of the advance, whichever is less.
(b) A licensee may not charge a fee other than the fees allowed under (a) of this section.
(c) The fees allowed by (a) of this section are considered earned at the time of the transaction and may not be prorated.
(d) A licensee may not charge the advance recipient an additional fee to access the proceeds of an advance.
Frequently Asked Questions About Alaska § 06.50.460
What does Alaska Statutes § 06.50.460 cover?
Section 06.50.460 ("Fees.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 06.50.460?
A common citation format is "Alaska Statutes § 06.50.460" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 06.50.460 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.