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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 3.14.432. Surrender of branch office registration.
Latest version.
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A mortgage licensee who seeks to surrender a branch office registration must submit an application for surrender of the branch office registration to the department through the registry. No later than seven days after submitting the application for surrender, the mortgage licensee must submit directly to the department the post-surrender location of books and records for the branch whose registration is surrendered. The department will not approve the surrender of the branch office registration until the mortgage license has submitted written verification that the books and records of the branch office have been transferred to the approved post-closure location.
Authorities
06.60.112;06.60.910