(a) Subject to (b) of this section, the department may issue a provisional license to an applicant for a mortgage license if the department has made all determinations under Alaska Stat. § 06.60.060 necessary for licensure except those determinations based on the criminal history background check required by Alaska Stat. § 06.60.027.

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Terms Used In Alaska Statutes 06.60.077

  • department: means the Department of Commerce, Community, and Economic Development. See Alaska Statutes 06.60.990
  • 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.
(b) A provisional license may be granted under this section if the

(1) receipt by the department of the results of the criminal history background check is delayed more than 60 days after the date the fingerprints are submitted to the governmental agency that conducts the criminal history background check; and
(2) delay described in (1) of this subsection is not caused by the applicant.
(c) The duration of a provisional license issued under this section may not exceed 90 days.