Consideration of application.

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(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(b) [Repealed, § 24 ch 113 SLA 2008.]

(c) [Repealed, § 24 ch 113 SLA 2008.]

(d) [Repealed, § 24 ch 113 SLA 2008.]

(e) [Repealed, § 24 ch 113 SLA 2008.]

(f) [Repealed, § 24 ch 113 SLA 2008.]


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