Section 06.60.690. Fund operations.

Latest version.

The department shall deposit into the fund money that the department recovers from a mortgage loan originator licensee under AS 06.60.745. The department may not consider amounts paid from the fund for hearing or legal expenses when determining the maximum reimbursement to be awarded under AS 06.60.710 or the maximum liability for fund claims under AS 06.60.710.

Notes

History

(Sec. 2 ch 50 SLA 2007; am Sec. 69 ch 61 SLA 2010)

                    
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