Alaska Statutes.
Title 6. Banks and Financial Institutions
Chapter 60. Mortgage Lending Regulation Act
Section 085. Renewal of License. [Effective July 1, 2008]..
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AS 06.60.085. Renewal of License. [Effective July 1, 2008]..

(a) If a licensee intends to renew a license, the licensee shall submit to the department 30 days before the expiration of the licensee's license

(1) a renewal application in the form and manner established by the department;

(2) the biennial license fee required by AS 06.60.105 ;

(3) if the renewal is for a mortgage license, a report identifying any changes in the information provided under AS 06.60.020 (4) - (8);

(4) if the renewal is for an originator license, certificates or other documents that show the continuing education requirements of AS 06.60.160 have been satisfied; and

(5) if the renewal is for an originator license, the fund fee required by AS 06.60.550 .

(b) A renewal under (a) of this section is considered granted unless, within 30 days after the department determines it has received a completed renewal application containing the items in (a) of this section, the department notifies the licensee that the department has denied the renewal application because of the licensee's noncompliance with this title.

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