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Code · Alaska · Title 18 · Chapter 56

Sec. 18.56.740. Fire insurance.

54 words·~1 min read·/ak/title-18/chapter-56/18-56-740

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Sec. 18.56.740. Fire insurance.
Before purchasing or participating in the purchase of a senior housing mortgage loan, the corporation shall 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.
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