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Terms Used In Alaska Statutes 06.60.026

  • license: means a license issued under this chapter. See Alaska Statutes 06.60.990
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060

A person who holds a mortgage loan originator license may not transfer or assign the mortgage loan originator license.