Section 44.81.249. Cancellation, extension, and delivery of notices.

Latest version.

   (a) The bank may cancel a notice provided under AS 44.81.241 or 44.81.245 by delivering a written notice of cancellation to the persons who were given the cancelled notice. The notice shall be given in the same manner as is required for the cancelled notice.
   (b) The bank may extend the 60-day period for curing a default under AS 44.81.243 and the period before a forfeiture occurs under AS 44.81.247 by giving a written notice of extension to the persons who were given the notice. The notice shall be given in the same manner as is required for the giving of the notice being extended.
   (c) The bank may give a notice required to be provided in AS 44.81.241, 44.81.245, or 44.81.247 by personal delivery instead of by certified mail.

Authorities

44.81.241;44.81.245

Notes

References

AS 44.81.241 Initial notice of default.
AS 44.81.245 Foreclosure.

History

(Sec. 21 ch 34 SLA 1996)

                    
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