(a) A licensee may surrender a license issued to the licensee by delivering written notice to the department that the licensee intends to surrender the license, except that a mortgage licensee may not surrender a license until all loans of that mortgage licensee have either been paid in full or sold.
(b) [Repealed, ยง 87 ch 61 SLA 2010.]
(c) Surrender of a license under this section does not affect the licensee's civil or criminal liability for acts committed before surrender of the license.
Structure Alaska Statutes
Title 6. Banks and Financial Institutions
Chapter 60. Mortgage Licensing
Article 2. License Duration, Renewal, Inactivity, and Surrender.
Sec. 06.60.080. Duration of license.
Sec. 06.60.085. Renewal of license.
Sec. 06.60.087. Standards for license renewal.
Sec. 06.60.090. Inactive license.