Section 08.88.465. Consideration of application.

   (a) If the commission receives a claim for an award from the recovery fund that complies with the requirements of AS 08.88.450 - 08.88.495, the commission shall make an award from the recovery fund in an amount not to exceed $15,000. Not more than $15,000 may be paid for each transaction, regardless of the number of persons injured or the number of parcels of real estate involved in the transaction.
   (b)  [Repealed, Sec. 24 ch 113 SLA 2008].
   (c)  [Repealed, Sec. 24 ch 113 SLA 2008].
   (d)  [Repealed, Sec. 24 ch 113 SLA 2008].
   (e)  [Repealed, Sec. 24 ch 113 SLA 2008].
   (f)  [Repealed, Sec. 24 ch 113 SLA 2008].

Notes

Implemented As

12 AAC 64.310

References

12 AAC 64.325

History

(Sec. 36 ch 167 SLA 1980; am Sec. 5 ch 150 SLA 1984; am Sec. 39 - 41 ch 45 SLA 1998; am Sec. 16, 24 ch 113 SLA 2008)