GroundRules
AS 06.60.230: Divestment.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 60. Mortgage Licensing.
- Article 4. Discipline and Investigation.
If the department revokes a mortgage license, the mortgage licensee shall divest itself of all outstanding loans that were issued under this chapter by selling or assigning them to another mortgage licensee. Divestment under this section must be approved by the department.
Collected 2026-09-02T06:16:15Z. Source file · JSON