Alaska Statutes 06.50.060 – Conditions precedent to license
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Terms Used In Alaska Statutes 06.50.060
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
The requirements of Alaska Stat. § 06.50.030 – 06.50.050 are conditions precedent to the issuance of a license under this chapter. The license permits the applicant to make advances under this chapter at the location specified in the application.