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A financial institution regulated by the federal government or a financial institution regulated under AS 06 by the division in the department that regulates banking, securities, and corporations, is not required to be licensed under this chapter in order to engage in the business of providing services as a guardian or a conservator or be appointed as a private professional guardian or a private professional conservator by a court. In this subsection, "financial institution" does not include a person who is exempt under AS 06.26.020 or who has received an exemption under AS 06.26.200 .
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Last modified 9/3/2005