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 64.250 - Prohibited trust account activity

(1) pay a salesperson's commission directly from the trust account;

(2) pay bills for the broker's business or personal obligations from the trust funds;

(3) use trust funds to pay the maintenance expenses of a trust account;

(4) commingle funds by depositing the broker's own funds in a trust account, except those described in 12 AAC 64.180(d);

(5) withdraw funds from a trust account without fully complying with the recordkeeping requirements of 12 AAC 64.220;

(6) refuse to provide an accounting to the principals of a transaction for funds being held in trust; or

(7) refuse to return a deposit to a prospective buyer whose offer was not accepted; the broker may delay the return of the deposit until one business day after the prospective buyer's check has cleared.