GroundRules
AS 06.60.097: Surrender of license.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 60. Mortgage Licensing.
- Article 2. License Duration, Renewal, Inactivity, and Surrender.
(a) A licensee may surrender a license issued to the licensee by delivering written notice to the department that the licensee intends to surrender the license, except that a mortgage licensee may not surrender a license until all loans of that mortgage licensee have either been paid in full or sold.
(b) [Repealed, § 87 ch 61 SLA 2010.]
(c) Surrender of a license under this section does not affect the licensee's civil or criminal liability for acts committed before surrender of the license.
Collected 2026-09-02T06:16:15Z. Source file · JSON