There is a newer version of the Alaska Statutes
2010 Alaska Statutes
Title 06. BANKS AND FINANCIAL INSTITUTIONS
Chapter 06.60. MORTGAGE LENDING REGULATION ACT
Sec. 06.60.520. Use of fund.
AK Stat § 06.60.520 (through 26th Leg Sess 2010) What's This?
The legislature may appropriate the money collected in the fund under AS 06.60.510 to the department to implement AS 06.60.500 - 06.60.750, including paying claims, holding hearings, and incurring legal expenses and other expenses directly related to fund claims and the operation of the fund. Nothing in AS 06.60.500 - 06.60.750 creates a dedicated fund.
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