Section 11.39.181. Land clearing loans.

Latest version.

	(a)  The amount of a land clearing 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 the loan may not exceed 100 percent of the actual agricultural land clearing 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

                    
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