3 Alaska Admin. Code § 103.160
Current through October 17, 2024
Upon written certification by both the authority and the applicant that all provisions of the commitment letter have been satisfied, the financing will be scheduled for closing and, if a loan transaction, for disbursement of proceeds. If the financing is a guarantee, then the authority, at the time of closing, will deliver its guarantee to the applicant, or where appropriate, to the applicant's third-party lender or bond trustee or to the closing agent handling the financing transaction between the applicant and its third-party lender.
3 AAC 103.160
Even though the adoption of 3 AAC 103.160 was effective 12/3/2015, it was not published until Register 218, July 2016.
Authority:AS 44.88.085
AS 44.88.800
AS 44.88.820
AS 44.88.840