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AS 06.60.097

Surrender of license

Known as the Alaska Secure and Fair Enforcement for Mortgage Licensing Act

The act spans §§ 6–6 (102 sections).

(a) A licensee may surrender a license issued to the licensee by delivering written notice to the department that the licensee intends to surrender the license, except that a mortgage licensee may not surrender a license until all loans of that mortgage licensee have either been paid in full or sold.

(b) [Repealed, § 87 ch 61 SLA 2010.] (c) Surrender of a license under this section does not affect the licensee's civil or criminal liability for acts committed before surrender of the license.

Article 3. Licensee Obligations.

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