Alaska Assignment of Business License as Security for a Loan

State:
Multi-State
Control #:
US-01467BG
Format:
Word; 
Rich Text
Instant download

Description

A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.

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  • Preview Assignment of Business License as Security for a Loan
  • Preview Assignment of Business License as Security for a Loan
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FAQ

Any entity engaging in business activities within the state of Alaska, even if it does not have a physical presence or location within the state, is also required to obtain an Alaska business license.

?No matter what type of business you start in Alaska, you will be required to obtain a state of Alaska Business license?.

Generally, a company is transacting business in this state if it has sales, or payroll, and real or personal property in this state. However, it is the responsibility of the foreign entity or its legal counsel to determine whether it must obtain authority; the Division does not render legal opinions in this matter.

Businesses in the state of Alaska must pay $50 when first filing to receive a business license with the state government.

Business Entity Search Go to the Corporations, Business, and Professional Licensing search page. . Search by Entity Number or Entity Name. Enter the entity number or any part of the entity name. ... Choose From the Results. ... View the Entity Information.

If any portion of a business activity occurs within the State of Alaska then the expectation, per Alaska Statutes (law), is the business will have an Alaska Business License. Per AS 43.70. 020(a) a business license is required for the privilege of engaging in a business in the State of Alaska.

Submit hardcopy (via in-person, fax or U.S. Mail) a NEW Alaska Business License application. Hardcopy applications are processed in date order received by the Business License Section. Standard hardcopy processing time from March-September is 10-15 business days.

To register a foreign corporation in Alaska, you must file an Alaska Foreign Business Corporation Certificate of Authority with the Alaska Division of Corporations, Business and Professional Licensing. You can submit this document by mail or online.

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Alaska Assignment of Business License as Security for a Loan