A revocation, suspension, or surrender of a license does not impair or affect the legally enforceable obligation of any pre-existing contract between the licensee and any borrower.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 20. Alaska Small Loans Act
Article 2. Revocation, Suspension, Surrender, and Reinstatement of Licenses.
Sec. 06.20.110. Grounds for revocation of license.
Sec. 06.20.120. Revocation or suspension where licensee has branches.
Sec. 06.20.140. Effect of revocation, suspension, or surrender.