Consideration of application.

(a) If the commission receives a claim for an award from the recovery fund that complies with the requirements of AS 08.88.450 — 08.88.495, the commission shall make an award from the recovery fund in an amount not to exceed $15,000. Not more than $15,000 may be paid for each transaction, regardless of the number of persons injured or the number of parcels of real estate involved in the transaction. (b) [Repealed, § 24 ch 113 SLA 2008.] (c) [Repealed, § 24 ch 113 SLA 2008.] (d) [Repealed, § 24 ch 113 SLA 2008.] (e) [Repealed, § 24 ch 113 SLA 2008.] (f) [Repealed, § 24 ch 113 SLA 2008.]