Section 3.77.080. Appeals.

	(a)  A person making an offer may appeal a loan committee decision made under 3 AAC 77.060.  
	(b)  All appeals must be made in writing and addressed to the department in Juneau, Alaska.  
	(c)  An appeal must include the date, the appellant's full name, address, telephone number, and signature, a description of the repossessed property involved, and a complete explanation of why the appellant believes that the loan committee's decision should be amended or reversed.  
	(d)  An appeal must be received by the department, at the address specified, not later than the close of business on the 15th day after the mailing of the notice under 3 AAC 77.060(c).  
	(e)  If an appeal is received, the party whose offer was proposed to be accepted will be notified as soon as possible.  
	(f)  The senior loan committee shall review and decide all appeals within five working days after the deadline for receipt of appeals under (d) of this section.  
	(g)  The department will send to all parties involved, by first class mail, a letter stating the senior loan committee's decision under (f) of this section, within five working days after the decision.  
	(h)  If the senior loan committee amends or reverses the loan committee's decision, the party whose offer was initially proposed to be accepted has a right of appeal under this section.  

Authorities

16.10.310;16.10.339;16.10.510;26.15.010;26.15.030;26.15.085;27.09.050;44.33.020;44.33.245;45.81.120;45.81.200;45.81.230;45.88.020;45.88.150;45.98.030

Notes

Reference

3 AAC 77.060

Authority

AS 16.10.310 AS 16.10.339 AS 16.10.510 AS 26.15.010 AS 26.15.030 AS 26.15.085 AS 27.09.050 AS 44.33.020 AS 44.33.245 AS 45.81.120 AS 45.81.200 AS 45.81.230 AS 45.88.020 AS 45.88.150 AS 45.98.030 Editor's note: The address for mailing appeals described in 3 AAC 77.080 is Division of Economic Development, Senior Loan Committee: Appeals, P.O. Box 34159, Juneau, AK 99803-4159.

History

Eff. 3/29/86, Register 97; am 7/4/91, Register 119; am 8/10/97, Register 143; am 10/16/2012, Register 204

References

3.77.080