Alaska Statutes (Last Updated: January 11, 2017) |
Title 06. BANKS AND FINANCIAL INSTITUTIONS. |
Chapter 06.60. MORTGAGE LICENSING. |
Article 06.60.06. ENFORCEMENT. |
Section 06.60.430. Additional enforcement provisions, actions, and rights.
Latest version.
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(a) The department may treat a licensee as a financial institution under AS 06.01 when applying the enforcement provisions of AS 06.01.
(b) This chapter may not be interpreted to prevent the attorney general or any other person from exercising the rights provided under AS 45.50.471 - 45.50.561.
(c) If the department determines that a licensee or a person acting on behalf of the licensee is in violation of, or has violated, a provision of this chapter, the department may refer the information to the attorney general and request that the attorney general investigate the violation under AS 45.50.495. The attorney general may enjoin a violation of this chapter and may seek restitution, rescission, and other relief as allowed by law.
(d) In addition to another investigation allowed under this chapter, the department may conduct other examinations, periodic audits, special audits, investigations, and hearings as may be necessary and proper for the efficient administration of this chapter.
Notes
History
(Sec. 2 ch 50 SLA 2007; am Sec. 55, 56 ch 61 SLA 2010)