(a) When a depository institution applies for registration under AS 06.60.014, the depository institution shall pay to the department through the registry
- (1) an application fee of $500 in partial payment of investigative expenses incurred by the department; and
- (2) an annual registration fee of $1,000 for the period that expires on December 31 after the date the registration is issued.
- (b) Fees under this section are nonrefundable.
- (c) Nothing in this section relieves an applicant from the obligation to pay processing or other fees that the registry sets for services that the registry provides.
(Eff. 1/1/2017, Register 220)
Authority: AS 06.60.014, AS 06.60.910