Reimbursement for expenses.

  1. Law
  2. Alaska Statutes
  3. Banks and Financial Institutions
  4. Mortgage Licensing
  5. Originator Surety Fund.
  6. Reimbursement for expenses.

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If the department pays all or a portion of a fund claim against a mortgage loan originator licensee under AS 06.60.680 or 06.60.700, the department may recover from the mortgage loan originator licensee, in addition to the payment of the fund claim, the expenses incurred by the department to process and otherwise handle the fund claim.


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