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 14.065 - Reimbursement of costs and investigative expenses related to applications

When the department evaluates an application for an initial license or registration or the renewal of a license or registration under AS 06.60, if the reasonable costs and reasonable investigative fees, including examination costs, incurred by the department exceed a fee established in 3 AAC 14.072 or 3 AAC 14.160, the applicant must reimburse those excess fees and costs, with the hours expended by a department employee to be reimbursed at the rate of $75 per hour, before the department takes action on the application.

Authority:AS 06.60.035

AS 06.60.250

AS 06.60.910