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 14.085 - Abandoned applications
Universal Citation: 3 AK Admin Code 14.085
Current through February 24, 2025
(a) An application is considered abandoned if the department does not receive any response from the applicant, licensee, or registered depository institution for 60 days after the department assigns a notice of deficiency to the record of the applicant, licensee, or registered depository institution in the registry.
(b) An abandoned application is denied without prejudice and all fees are forfeited.
Authority:AS 06.60.016
AS 06.60.910
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