Section 11.39.940. Good financial standing requirement.

Latest version.

The board will not approve a loan, contract, lease, permit, agreement or any modification, close a transaction, or disburse money to a person who is not in good financial standing, except for a person who has a loan in moratorium under 11 AAC 39.501, or when the board determines in writing that there is reasonable cause to act otherwise.

Authorities

03.09.040;03.10.020;03.10.050

Notes

Authority
 AS 03.09.040  
AS 03.10.020  
AS 03.10.050  
History Eff. 10/27/2002, Register 164

                    
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