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AS 06.05.280

Fees connected with obtaining mortgage loans

Known as the Alaska Banking Code

The act spans §§ 6–6 (113 sections).

(a) [Repealed, § 102 ch 26 SLA 1993.] (b) [Repealed, § 102 ch 26 SLA 1993.] (c) A director, officer, or employee of a bank may not receive a fee or other compensation of any kind in connection with obtaining a mortgage loan from a bank, except for services actually rendered as provided in this chapter.

Article 4. Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements.

Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.