Section 3.78.015. Examination.

Latest version.

	(a)  A loan officer shall evaluate and process the materials described in 3 AAC 78.010. The loan officer shall evaluate the applicant's eligibility, financial and credit history, financial statement, ability to repay, and proposed collateral.  
	(b)  On the basis of these evaluations, the loan officer shall 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

45.88.020

Notes

Authority
 AS 45.88.020  
History Eff. 9/11/85, Register 95; am 8/10/97, Register 143; am 9/7/2012, Register 203

                    
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