Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.20. ALASKA SMALL LOANS ACT. |
Article 06.20.02. REVOCATION, SUSPENSION, SURRENDER, AND REINSTATEMENT OF LICENSES. |
Section 06.20.140. Effect of revocation, suspension, or surrender.
Latest version.
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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.
Notes
History
(Sec. 10 ch 73 SLA 1955)