Alaska Stat. § 06.05.262
Current through Chapter 3 of the 2024 Legislative Session
Except as expressly permitted in this chapter, a state bank may not assume liability as an insurer or as a guarantor or endorser of a security instrument or obligation unless the bank has a property interest in or with respect to the instrument or obligation. This section does not apply to warranty deeds issued by a bank.
AS 06.05.262