Sec. 06.50.470. - Renewal of advance.
(a) The minimum term of a renewal of an advance is 14 days.
(b) A licensee may not renew an advance more than two consecutive times, after which the licensee shall require the advance recipient to repay the advance in full.
(c) A licensee may not renew an advance for fees greater than the fees under AS 06.50.460 (a).