Except as expressly permitted in this chapter, a state bank may not assume liability as an insurer or as a guarantor or endorser of a security instrument or obligation unless the bank has a property interest in or with respect to the instrument or obligation. This section does not apply to warranty deeds issued by a bank.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 05. Alaska Banking Code
Article 3. Reserves, Loans, Investments, Bank Service Corporations, Practices, and Services.
Sec. 06.05.200. Reserves against deposits.
Sec. 06.05.205. Loans and extensions of credit.
Sec. 06.05.207. Real estate loans.
Sec. 06.05.210. Loans to directors, officers, and employees.
Sec. 06.05.211. Loans secured by forest tracts.
Sec. 06.05.215. Liability of directors and officers for certain loans.
Sec. 06.05.225. Application of other laws to loans insured under national housing act.
Sec. 06.05.230. Investment in property and banking premises.
Sec. 06.05.231. Bank service corporations.
Sec. 06.05.235. Bank holding companies.
Sec. 06.05.237. Financial holding companies.
Sec. 06.05.240. Acquisition of property to satisfy or protect previous loan.
Sec. 06.05.245. Disposition of property.
Sec. 06.05.260. Pledge, assignment, and transfer of assets.
Sec. 06.05.262. Assumption of liability.
Sec. 06.05.270. Investments and customer securities.
Sec. 06.05.272. Bank subsidiaries.
Sec. 06.05.275. Trade and bank acceptances.
Sec. 06.05.277. Providing services as agent.
Sec. 06.05.280. Fees connected with obtaining mortgage loans.