Section 3.74.040. Collateral.

Latest version.

A loan must be secured by collateral acceptable to the department, which may include a mortgage or other security instrument in real property, equipment, buildings or other tangible assets.

Authorities

44.33.955;44.33.965

Notes

Authority
 AS 44.33.955  
AS 44.33.965  
History Eff. 11/3/2012, Register 204

                    
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