Section 3.41.045. Ability to repay.

Latest version.

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption:  
		(1) income history, including present income;  
		(2) prospects for future income;  
		(3) assets and their liquidity; and  
		(4) liabilities.

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

                    
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