Alaska Statutes
Chapter 60. Mortgage Licensing
Article 7. Originator Surety Fund.

Sec. 06.60.500. Mortgage loan originator surety fund. - The mortgage loan originator surety fund is established as a...

Sec. 06.60.510. Composition of fund. - The fund consists of appropriations of payments made by mortgage...

Sec. 06.60.520. Use of fund. - The legislature may appropriate the money collected in the fund...

Sec. 06.60.530. Fund report. - Every six months, the department shall provide a written report...

Sec. 06.60.550. Required fund fees. - (a) A person who applies for or renews a mortgage...

Sec. 06.60.560. Claim for reimbursement. - In addition to any other remedies available to the person,...

Sec. 06.60.570. Submission of fund claim. - To seek reimbursement under AS 06.60.560, a person shall submit...

Sec. 06.60.580. Form and contents of fund claim. - The form for a fund claim shall be executed under...

Sec. 06.60.590. Claim hearing. - Except as otherwise provided by AS 06.60.610, a hearing on...

Sec. 06.60.600. Filing and distribution of claim. - At least 20 days before a hearing is held on...

Sec. 06.60.610. Election to use small claims court. - (a) Within 30 days after receiving a copy of a...

Sec. 06.60.620. Filing fee. - (a) A person who files a fund claim under AS...

Sec. 06.60.630. Department contracts. - When the department receives a fund claim, the department may...

Sec. 06.60.640. Defense of claim. - When the department receives a fund claim, the department shall...

Sec. 06.60.650. Standard of proof. - A person who submits a fund claim under AS 06.60.570...

Sec. 06.60.660. Postponement. - The department may postpone its consideration of a fund claim...

Sec. 06.60.670. Nonapplication. - AS 06.60.630 - 06.60.660 do not apply to a fund...

Sec. 06.60.680. Findings and payment. - (a) At the conclusion of the department's consideration of a...

Sec. 06.60.690. Fund operations. - The department shall deposit into the fund money that the...

Sec. 06.60.700. Payment of small claims judgment. - (a) If a fund claim dismissed under AS 06.60.610 results...

Sec. 06.60.710. Maximum liability. - (a) Payment of a fund claim may not exceed $15,000...

Sec. 06.60.715. Other rights of claimant. - The rights granted to a claimant under AS 06.60.500 -...

Sec. 06.60.720. Order of fund claim payment. - If the money appropriated to the department for payment under...

Sec. 06.60.730. False claims or documents. - A person who files a notice, statement, or other document...

Sec. 06.60.740. Right to subrogation. - When the department has paid to a claimant the sum...

Sec. 06.60.745. Reimbursement for expenses. - If the department pays all or a portion of a...

Sec. 06.60.750. Disciplinary action against a mortgage loan originator licensee. - Repayment in full of all obligations to the fund does...