Alaska § 10.13.660 - Compensation of associate.
Full text of Alaska Alaska Statutes § 10.13.660 — Compensation of associate., with citation guidance and answers to common questions.
§ 10.13.660. Compensation of associate.
(a) An associate of a licensee may not directly or indirectly receive from a person to whom the licensee provides financing assistance (1) compensation in connection with the providing of the financing assistance; or
(2) other things of value for procuring, influencing, or attempting to procure or influence the licensee's action with respect to providing the financing assistance.
(b) This section does not apply to the receipt of fees by an associate of a licensee for bona fide services performed by the associate if (1) the associate, with the consent and knowledge of the person to whom the financing assistance is provided, is designated by the licensee to perform the services;
(2) the services are appropriate and necessary under the circumstances;
(3) the fees for the services are approved as reasonable by the licensee; and
(4) the fees for the services are collected by the licensee, and the licensee pays the associate.
Frequently Asked Questions About Alaska § 10.13.660
What does Alaska Statutes § 10.13.660 cover?
Section 10.13.660 ("Compensation of associate.") 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 § 10.13.660?
A common citation format is "Alaska Statutes § 10.13.660" (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 § 10.13.660 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.