Section 11.39.111. Nonqualifying loan purposes.

Latest version.

Loans will not be made for the following purposes:  
		(1) boats;  
		(2) airplanes;  
		(3) automobiles and trucks, except specialized vehicles not readily convertible to personal or non-agricultural use;  
		(4) silviculture projects, except for horticultural purposes;  
		(5) boarding stables and arenas;  
		(6) riding academies and schools;  
		(7) establishments that only resell rather than produce, process, or add value to agricultural products;  
		(8) residential improvements.

Authorities

03.09.040;03.10.020;03.10.030;03.10.050

Notes

Authority
 AS 03.09.040  
AS 03.10.020  
AS 03.10.030  
AS 03.10.050  
History Eff. 12/11/84, Register 92; am 10/27/2002, Register 164

                    
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