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Failure of a licensee engaged in property management to deposit prepaid rents or security deposits in a trust account as required by AS 34.03 (Uniform Residential Landlord and Tenant Act) is considered fraudulent or dishonest conduct within the meaning of AS 08.88.071 (a)(3)(A)(iv).
History: Eff. 7/16/94, Register 131
Authority: AS 08.88.071
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Last modified 7/05/2006