Alaska § 06.55.850 - Establishment of fees and other charges.
Full text of Alaska Alaska Statutes § 06.55.850 — Establishment of fees and other charges., with citation guidance and answers to common questions.
§ 06.55.850. Establishment of fees and other charges.
(a) The department shall adopt regulations that establish the amount and manner of payment of fees required under this chapter.
(b) The department shall establish fee levels under (a) of this section so that the total amount of fees collected for both money transmission licenses and currency exchange licenses under this chapter approximately equals the department's actual total regulatory costs for both money transmission licenses and currency exchange licenses. The department shall set the fee levels so that the fee levels for both money transmission licenses and currency exchange licenses are the same.
(c) The department shall annually review each fee level to determine whether the regulatory costs are approximately equal to fee collections. If the review indicates that fee collections and regulatory costs are not approximately equal, the department shall calculate fee adjustments and adopt regulations under (a) of this section to implement the adjustments.
(d) In January of each year, the department shall report to the office of management and budget all fee levels and revisions made for the previous year under this section.
(e) In this section, (1) “fee” means an application fee, a money services license fee, a first-year operation fee under AS 06.55.103 (a)(2)(C), a renewal fee, the daily late fee for not submitting a renewal report and paying the renewal fee under AS 06.55.106 , investigation costs under AS 06.55.105 and 06.55.203, an examination cost under AS 06.55.401 , and a fee for approving a change of control under AS 06.55.404 ;
(2) “regulatory costs” means the costs of the department that are attributable to regulation of money services licensing under this chapter.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 06.55.850
What does Alaska Statutes § 06.55.850 cover?
Section 06.55.850 ("Establishment of fees and other charges.") 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 § 06.55.850?
A common citation format is "Alaska Statutes § 06.55.850" (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 § 06.55.850 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.