Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 14 - Mortgage Lending
Article 1 - Licensing
3 AAC 14.059 - Use of other trade name

Universal Citation: 3 AK Admin Code 14.059

Current through February 24, 2025

(a) If an applicant for a mortgage license intends to use one or more other trade names, the applicant must disclose each other trade name on the Form MU1.

(b) A mortgage licensee may conduct business using more than one other trade name only if the mortgage licensee obtains a separate mortgage license for each other trade name under which the mortgage licensee intends to do business. An applicant for a mortgage license may not receive more than six mortgage licenses with different trade names.

(c) At the time of filing the Form MUl, and for each other trade name filed on the Form MUl, an applicant for a mortgage license must submit to the department through the registry a copy of the certificate of business name registration issued by the department division overseeing corporations.

Authority:AS 06.60.020

AS 06.60.910

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