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AS 06.60.600

Filing and distribution of claim

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

The act spans §§ 6–6 (102 sections).

At least 20 days before a hearing is held on the fund claim by the office of administrative hearings (AS 44.64.010), the department shall send a copy of the claim filed with the department to (1) each mortgage loan originator licensee alleged to have committed the misconduct resulting in the alleged loss;

(2) the employer of the mortgage loan originator licensee described in (1) of this section; and

(3) any other parties involved in the mortgage loan transaction that is the subject of the fund claim.

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