Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 20. Alaska Small Loans Act
Section 150. Status of License; Reinstatement.
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AS 06.20.150. Status of License; Reinstatement.

Every license remains in force and effect until it is surrendered, revoked, or suspended as provided in this chapter. The department may reinstate, suspend licenses, or issue new licenses to a licensee whose license has been revoked if no fact or condition exists that clearly would have constituted ground for denial of the issuance of the license by the department.


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