Sec. 06.05.280. Fees connected with obtaining mortgage loans.
77 words·~1 min read·
/ak/title-6/chapter-5/06-05-280A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 06.05.280. Fees connected with obtaining mortgage loans.
(a)[Repealed, § 102 ch 26 SLA 1993.]
(b)[Repealed, § 102 ch 26 SLA 1993.]
(c)A director, officer, or employee of a bank may not receive a fee or other compensation of any kind in connection with obtaining a mortgage loan from a bank, except for services actually rendered as provided in this chapter.
Article 4. Organization, Incorporation, Certification, Capital Structure, and General Powers, Limitations, and Requirements.