State Codes and Statutes

Statutes > Alaska > Title-06 > Chapter-06-05 > Article-03 > Sec-06-05-262

Except as expressly permitted in this chapter, a state bank may not assume liability as an insurer or as a guarantor or endorser of a security instrument or obligation unless the bank has a property interest in or with respect to the instrument or obligation. This section does not apply to warranty deeds issued by a bank.

State Codes and Statutes

Statutes > Alaska > Title-06 > Chapter-06-05 > Article-03 > Sec-06-05-262

Except as expressly permitted in this chapter, a state bank may not assume liability as an insurer or as a guarantor or endorser of a security instrument or obligation unless the bank has a property interest in or with respect to the instrument or obligation. This section does not apply to warranty deeds issued by a bank.


State Codes and Statutes

State Codes and Statutes

Statutes > Alaska > Title-06 > Chapter-06-05 > Article-03 > Sec-06-05-262

Except as expressly permitted in this chapter, a state bank may not assume liability as an insurer or as a guarantor or endorser of a security instrument or obligation unless the bank has a property interest in or with respect to the instrument or obligation. This section does not apply to warranty deeds issued by a bank.