3 AAC 14.720 - Notification of claim
(a) No later than 30 days after receipt of a
fund claim filed under
AS
06.60.570 and at least 20 days before a
hearing is held on the fund claim, whichever is earlier, the department will
mail a copy of the claim, and any documentary material filed with the claim to
those entitled to notice under
AS
06.60.600.
(b) The department will mail the documents
described in (a) of this section by certified mail, return receipt
requested.
(c) The department's
duty to mail the claim to any other parties involved in the mortgage loan
transaction under
AS
06.60.600(3) is satisfied by
mailing the claim to the parties involved in the mortgage loan transaction who
are disclosed in the claim form filed with the department.
(d) In
AS
06.60.600(2), "employer of
the mortgage loan originator licensee" includes a person who employs the
mortgage loan originator licensee under an exclusive contract or as an
employee.
Notes
Authority:AS 06.60.600
AS 06.60.640
AS 06.60.910
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