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Alaska Statutes.
Title 18. Health, Safety, and Housing
Chapter 56. Alaska Housing Finance Corporation
Section 740. Fire Insurance.
previous: Section 730. Conditions On Loans.
next: Section 750. Loan Origination and Servicing.

AS 18.56.740. Fire Insurance.

Before purchasing or participating in the purchase of a senior housing mortgage loan, the corporation shall require the borrower to agree to purchase and maintain fire insurance for the real property for which the loan is made in an amount not less than the outstanding principal balance of the loan.


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Last modified 9/3/2005