Alaska § 10.13.640 - Financing assistance to discharge obligation to associate of licensee.
Full text of Alaska Alaska Statutes § 10.13.640 — Financing assistance to discharge obligation to associate of licensee., with citation guidance and answers to common questions.
§ 10.13.640. Financing assistance to discharge obligation to associate of licensee.
A licensee may not directly or indirectly provide financing assistance to discharge, or to free money for use in discharging, part or all of an obligation to an associate of the licensee. This section does not apply to a transaction of an associate of a licensee in the normal course of the associate's business involving a line of credit or financing assistance with a term of not more than five years.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 10.13.640
What does Alaska Statutes § 10.13.640 cover?
Section 10.13.640 ("Financing assistance to discharge obligation to associate of licensee.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 10.13.640?
A common citation format is "Alaska Statutes § 10.13.640" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 10.13.640 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.