Alaska Stat. § 06.60.650
Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
A person who submits a fund claim under AS 06.60.570 bears the burden of establishing by a preponderance of the evidence that the person suffered a loss in a mortgage loan transaction as a result of fraud, misrepresentation, deceit, or the conversion of trust funds by a mortgage loan originator licensee and the extent of those losses.
AS 06.60.650