The mortgage loan originator surety fund is established as a separate account in the general fund. The purpose of the fund is to pay fund claims against mortgage loan originator licensees.
AS 06.60.500
Mortgage loan originator surety fund
Known as the Alaska Secure and Fair Enforcement for Mortgage Licensing Act
The act spans §§ 6–6 (102 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.