Notwithstanding any other provision of law, interest may not be collected or paid by a settlement agent on money held for an escrow transaction unless authorized in writing by the parties to the escrow transaction, including the settlement agent.
Structure Alaska Statutes
Chapter 80. Escrow Transactions for Residential Real Property
Sec. 34.80.010. Characterization of escrow money.
Sec. 34.80.020. Segregation and deposit of escrow money.
Sec. 34.80.030. Interest on escrow money.
Sec. 34.80.040. Disbursement of escrow money.
Sec. 34.80.050. Recording, filing, or delivery of escrow transaction documents.