Section 3.41.015. Examination.

Latest version.

	(a)  The materials described in 3 AAC 41.010 will be processed and evaluated by a loan officer. The loan officer will evaluate the applicant's financial and credit history, ability to repay, and proposed  collateral.  
	(b)  On the basis of the evaluation, the loan officer will either inactivate the application due to lack of information required under 3 AAC 41.010, or recommend proposed action on the loan request to the appropriate loan committee. However, the recommendation of a loan officer is not binding on a loan committee.

Authorities

26.15.010;26.15.030;26.15.040

Notes

Authority
 AS 26.15.010  
AS 26.15.030  
AS 26.15.040  
History Eff. 9/11/85, Register 95; am 8/10/97, Register 143

                    
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