Section 3.02.122. Lending standards.  


Latest version.
  • A bank may not make a loan unless the bank has determined and documented, in the loan file, the type, amount, purpose, and repayment provisions of the loan and an analysis of the credit worthiness of the borrower.  
    

Authorities

06.05.005;06.05.207

Notes


Authority
AS 06.05.005(a) AS 06.05.207
History
Eff. 1/10/94, Register 129