Section 3.78.025. Residency requirements.

	(a)  If an applicant is an individual, in determining whether the applicant fulfills the one-year residency requirement under AS 45.88.025, the loan committee may consider any information that would indicate the applicant's residency, including where the applicant  
		(1) is registered to vote;  
		(2) maintains a permanent place of abode;  
		(3) files tax returns, and the address that is listed on the returns;  
		(4) registers or licenses personal property, including cars, boats, trucks, and trailers;  
		(5) is licensed to drive;  
		(6) maintains bank accounts, savings accounts, lines of credit, and other financial relationships;  
		(7) has claimed or received benefits as a resident;  
		(8) has received permanent fund dividends; or  
		(9) owns real property.  
	(b)  If an applicant is a partnership, corporation, or joint venture, 51 percent of the applicant must be owned by an individual or individuals meeting the residency requirements set out in (a) of this section.  

Authorities

45.88.020;45.88.025

Notes

Reference

3 AAC 78.080

Authority

AS 45.88.020 AS 45.88.025

History

Eff. 9/7/2012, Register 203