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Code · Alaska · Title 6 · Chapter 60

Sec. 06.60.650. Standard of proof.

62 words·~1 min read·/ak/title-6/chapter-60/06-60-650

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Sec. 06.60.650. Standard of proof.
A person who submits a fund claim under AS 06.60.570 bears the burden of establishing by a preponderance of the evidence that the person suffered a loss in a mortgage loan transaction as a result of fraud, misrepresentation, deceit, or the conversion of trust funds by a mortgage loan originator licensee and the extent of those losses.
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