Alaska Stat. § 18.56.500

Current through Chapter 3 of the 2024 Legislative Session
Section 18.56.500 - Fire insurance

Before purchasing or participating in the purchase of a small community housing mortgage loan, the corporation may require the borrower to agree to purchase and maintain fire insurance for the real property for which the loan is made in an amount not less than the outstanding principal balance of the loan.

AS 18.56.500