Section 11.39.131. Short-term loans.  


Latest version.
  • 	(a)  The amount of a short-term loan may not exceed 75 percent of the value of collateral accepted to secure the loan, minus the value of any lien on the collateral.  
    	(b)  The amount of a short-term loan may not exceed 100 percent of the actual agricultural operating costs.   
    

Authorities

03.09.040;03.10.020;03.10.030;03.10.050

Notes


Reference

11 AAC 39.191
Authority
AS 03.09.040 AS 03.10.020 AS 03.10.030 AS 03.10.050
History
Eff. 12/1/84, Register 92; am 6/1/2001, Register 158