Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 1 - Banking, Securities, Small Loans and Corporations
Chapter 14 - Mortgage Lending
Article 6 - Licensee Obligations
3 AAC 14.412 - Submittal of program administration fee
Universal Citation: 3 AK Admin Code 14.412
Current through February 24, 2025
A mortgage lender shall submit a report and a program administration fee of $10 directly to the department for each mortgage loan transaction closed by the mortgage lender. A mortgage lender shall submit a report and the collected fee no later than the 15th day of each month for each mortgage loan transaction closed in the previous calendar month. The mortgage lender shall submit a complete report on a form supplied by the department.
Authority:AS 06.60.800
AS 06.60.910
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