Alaska Administrative Code
Title 12 - Professional Regulations
Part 1 - Boards and Commissions Subject to Centralized Licensing
Chapter 64 - Real Estate Commission
Article 5 - Trust Accounts
12 AAC 64.210 - Trust account interest

Universal Citation: 12 AK Admin Code 64.210
Current through August 30, 2024

If a trust account bears interest, that fact and the rate of interest must be disclosed to the trustor. To avoid commingling funds, interest earned does not belong to the broker.

Authority:AS 08.88.081

AS 08.88.351

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