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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.14. Mortgage Lending. |
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Article 3.14.2. Registration as a Small Mortgage Lender or Small Mortgage Originator. |
Section 3.14.412. Submittal of program administration fee.
Latest version.
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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.
Authorities
06.60.800;06.60.910