Section 3.41.065. Closing an assumption.  


Latest version.
  • An assumption agreement will be considered by the department to be closed when  
    		(1) all required signatures have been obtained and the assumption agreement has been properly recorded;  
    		(2) repealed 8/10/97;  
    		(3) all requirements of the loan committee have been met; and  
    		(4) the borrower is in compliance with all provisions of the loan documents, including insurance requirements, and this chapter.  
    

Authorities

26.15.010;26.15.030;26.15.040

Notes


Reference

3 AAC 41.075
Authority
AS 26.15.010 AS 26.15.030 AS 26.15.040
History
Eff. 9/11/85, Register 95; am 8/10/97, Register 143