Section 3.74.900. Definitions.

Latest version.

In this chapter, unless the context requires otherwise,  
		(1) "director" means the director of the division assigned economic development functions or its successor agency in the department;  
		(2) "wraparound financing" means a contract that includes the balance due on an existing debt and an additional amount to cover the difference between the selling price and the existing debt.

Authorities

44.33.955

Notes

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

                    
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