Alaska Statutes (Last Updated: January 11, 2017) |
Title 08. BUSINESS AND PROFESSIONS. |
Chapter 08.88. REAL ESTATE BROKERS AND OTHER LICENSEES. |
Article 08.88.04. REAL ESTATE RECOVERY FUND. |
Section 08.88.480. Order of claim payment.
Latest version.
-
If the money deposited in the real estate recovery fund is insufficient at a given time to satisfy a legally authorized claim against the fund, the commission shall, when sufficient money has been deposited in the fund and appropriated, satisfy unpaid claims in the order that the claims were originally filed, plus accumulated interest at the rate of eight percent a year.
Notes
History
(Sec. 1 ch 143 SLA 1974; am Sec. 37 ch 167 SLA 1980; am Sec. 20 ch 113 SLA 2008)