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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.190. Municipal Trust Land. |
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Article 3.190.5. Disposal by State of Municipal Trust Land. |
Section 3.190.435. Rescission or modification of prior approval by entity or village residents.
Latest version.
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A recognized village entity or the village residents, as provided in 3 AAC 190.110 - 3 AAC 190.290, may rescind or modify a prior resolution of approval to dispose of municipal trust land or interests in it. The commissioner will, in his or her discretion, postpone, modify, or cancel a pending disposal action, as appropriate under the circumstances, if a recognized village entity timely files a resolution of rescission or modification with the commissioner or if the residents of a village not having a village entity recognized under 3 AAC 190.110 - 3 AAC 190.150 timely file a request, under 3 AAC 190.260, for the convening of a village meeting for the purpose of rescinding or modifying a prior resolution or referendum of approval. A resolution of a recognized village entity or a request for a village meeting will be considered timely filed for the purposes of this section if it is received by the commissioner before a vesting of property rights in a prospective grantee of municipal trust land that had been previously approved for disposal by a recognized village entity, meeting, or referendum of village residents.
Authorities
44.33.755