Alaska Statutes 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.

Section: Previous  06.60.580  06.60.590  06.60.600  06.60.610  06.60.620  06.60.630  06.60.640  06.60.650  06.60.660  06.60.670  06.60.680  06.60.690  06.60.700  06.60.710  06.60.715  Next

Last modified: November 15, 2016