3 Alaska Admin. Code § 83.081

Current through December 21, 2024

Section 3 AAC 83.081 - 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) all requirements of the loan committee have been met; and

(3) the borrower is in compliance with all provisions of the loan documents, including insurance requirements, and this chapter.

3 AAC 83.081

Eff. 8/10/97, Register 143

Authority:AS 45.98.020

AS 45.98.030