Alaska § 06.60.410 - Censure, suspension, or bar.
Full text of Alaska Alaska Statutes § 06.60.410 — Censure, suspension, or bar., with citation guidance and answers to common questions.
§ 06.60.410. Censure, suspension, or bar.
(a) In addition to any other remedy provided under this chapter, the department may, by order after appropriate notice and opportunity for a hearing, censure a person, suspend the license of a person for a period not to exceed 12 months, or bar a person from a position of employment, management, or control of a licensee or registered depository institution if the department finds that (1) the censure, suspension, or bar is in the public interest;
(2) the person has knowingly committed or caused a violation of this chapter or a regulation adopted under this chapter; and
(3) the violation has caused material damage to the licensee, to the registered depository institution, or to the public.
(b) When a person who is the subject of a proposed order under this section receives a notice of the department's intention to issue an order under this section, the person is immediately prohibited from engaging in any activities for which a license is required under this chapter or for which registration is required under AS 06.60.014 .
(c) A person who is suspended or barred under this section is prohibited from participating in a business activity of a licensee or registered depository institution and from engaging in a business activity on the premises where a licensee or registered depository institution is conducting the business of a licensee or registered depository institution. This subsection may not be construed to prohibit a suspended or barred person from having the person's personal transactions processed by a licensee or registered depository institution.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 06.60.410
What does Alaska Statutes § 06.60.410 cover?
Section 06.60.410 ("Censure, suspension, or bar.") 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 § 06.60.410?
A common citation format is "Alaska Statutes § 06.60.410" (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 § 06.60.410 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.