The legislature may appropriate the money collected in the fund under AS 06.60.510 to the department to implement AS 06.60.500 — 06.60.750, including paying claims, holding hearings, and incurring legal expenses and other expenses directly related to fund claims and the operation of the fund. Nothing in AS 06.60.500 — 06.60.750 creates a dedicated fund.
AS 06.60.520
Use of 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.