- (a) An application is considered abandoned if the department does not receive any response from the applicant, licensee, or registered depository institution for 60 days after the department assigns a notice of deficiency to the record of the applicant, licensee, or registered depository institution in the registry.
- (b) An abandoned application is denied without prejudice and all fees are forfeited.
(Eff. 7/1/2008, Register 186; am 12/4/2010, Register 196; am 1/1/2017, Register 220)
Authority: AS 06.60.016, AS 06.60.910