GroundRules
AS 06.60.650: Standard of proof.
Where this section sits in the code
- Title 6. Banks and Financial Institutions.
- Chapter 60. Mortgage Licensing.
- Article 7. Originator Surety Fund.
A person who submits a fund claim under AS 06.60.570 bears the burden of establishing by a preponderance of the evidence that the person suffered a loss in a mortgage loan transaction as a result of fraud, misrepresentation, deceit, or the conversion of trust funds by a mortgage loan originator licensee and the extent of those losses.
Collected 2026-09-02T06:16:15Z. Source file · JSON