Statutes, codes, and regulations
Alaska Statutes
Title 45 - TRADE AND COMMERCEChapter 45.81 - BUSINESS LOAN AND GRANT PROGRAMS
Article 03 - SMALL BUSINESS LOANS
Section 45.81.230 - Disposal of property acquired by default or foreclosure

Alaska Stat. § 45.81.230

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Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 45.81.230 - Disposal of property acquired by default or foreclosure

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under AS 45.81.200 - 45.81.290. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.

AS 45.81.230