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Title 3 . Commerce, Community, and Economic Development
Chapter 41 . Veteran's Loan Assumptions
Section 65. Closing an assumption

3 AAC 41.065. Closing an assumption

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(2) repealed 8/10/97;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.

History: Eff. 9/11/85, Register 95; am 8/10/97, Register 143

Authority: AS 26.15.010

AS 26.15.030

AS 26.15.040

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Last modified 7/05/2006