Alaska Collection Agency Licensing Requirements:
License: General business license, professional/occupational license, operator’s license required.
Bond: $5,000 effective 7/1/13
Fees: *$50/year state license fee for each business*Additional fees established for collection agencies
Exemptions:
Attorney General opinion: “An Alaska collection agency license is required for only those agencies and branches that collect claims collections, on behalf of Alaska-based creditors. If the agency’s or branch’s customers are out of the state, no Alaska license is required.”
Contacts:
Nathan Vallier: Licensing Examiner, State of Alaska Department of Commerce, Community and Economic Development
Secretary of State: Department of Commerce and Economic Development, Division of Banking Securities and
*This fee may have changed since this page was last updated and is dependent upon the location of the office.
**Prerequisites may include registering with the AK Corporations Division, obtaining an AK Business License, and/or obtaining an Operator/Manager License.
License: General business license, professional/occupational license, operator’s license required.
Bond: $5,000 effective 7/1/13
Fees: *$50/year state license fee for each business*Additional fees established for collection agencies
- Application fee for initial license: $100
- Operator license fee for all or part of the initial biennial license period: $200
- Biennial operator license renewal fee: $200
- Agency license fee for all or part of the initial biennial license period: $200
- Biennial agency license renewal fee: $200
- Branch office license fee, for all or part of the initial biennial license period: $200
- Biennial branch office license renewal fee: $200
- Delayed renewal penalty: $50
Exemptions:
Attorney General opinion: “An Alaska collection agency license is required for only those agencies and branches that collect claims collections, on behalf of Alaska-based creditors. If the agency’s or branch’s customers are out of the state, no Alaska license is required.”
Contacts:
Nathan Vallier: Licensing Examiner, State of Alaska Department of Commerce, Community and Economic Development
Secretary of State: Department of Commerce and Economic Development, Division of Banking Securities and
*This fee may have changed since this page was last updated and is dependent upon the location of the office.
**Prerequisites may include registering with the AK Corporations Division, obtaining an AK Business License, and/or obtaining an Operator/Manager License.
