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Alaska Statutes (Last Updated: January 11, 2017) |
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Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
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Chapter 06.60. MORTGAGE LICENSING. |
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Article 06.60.01. LICENSING. |
Section 06.60.077. Authority to issue provisional license.
Latest version.
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(a) Subject to (b) of this section, the department may issue a provisional license to an applicant for a mortgage license if the department has made all determinations under AS 06.60.060 necessary for licensure except those determinations based on the criminal history background check required by AS 06.60.027.
(b) A provisional license may be granted under this section if the
(1) receipt by the department of the results of the criminal history background check is delayed more than 60 days after the date the fingerprints are submitted to the governmental agency that conducts the criminal history background check; and
(2) delay described in (1) of this subsection is not caused by the applicant.
(c) The duration of a provisional license issued under this section may not exceed 90 days.
Authorities
6.60.080