Section 15.151.525. Interest rate.

Latest version.

A loan under 15 AAC 151.500 or 15 AAC 151.542 shall bear interest at the rate established by the Corporation. The Corporation will establish the interest rate for a loan based on factors the Corporation considers relevant, including, but not limited to, the source of money to the Corporation to provide funding for the loan, the length of the commitment period, and other considerations.

Authorities

18.56.088;18.56.090;18.56.099

Notes

Reference

15 AAC 151.501

Authority
 AS 18.56.088  
AS 18.56.090  
AS 18.56.099  
History Eff. 5/7/93, Register 130; am 9/22/94, Register 132

                    
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