- (a) An applicant for a mortgage license or for a registration under AS 06.60.014 shall designate on the Form MU1 a registered agent for service of process located in this state. The registered agent must be an agent of the mortgage licensee or of the registered depository institution upon whom process, notice, or demand required or permitted by law to be served upon the mortgage licensee or the registered depository institution may be served.
- (b) If applicant for a mortgage license is a business entity, the registered agent on the Form MU1 must be the person filed as registered agent for the business entity with the department division overseeing corporations.
- (c) A mortgage licensee or a registered depository institution shall continuously maintain a registered agent in this state and provide the department, through the registry, with the registered agent's name, physical and mailing address, telephone number, and electronic mail address.
(Eff. 12/4/2010, Register 196; am 1/1/2017, Register 220)
Authority: AS 06.60.014, AS 06.60.020, AS 06.60.060, AS 06.60.910