Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.78. Alternative Energy Loans. |
Section 3.78.045. Ability to repay.
Latest version.
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The department may consider the following factors in evaluating an applicant's ability to repay: (1) income history, including present income; (2) prospects for future income; (3) assets and their liquidity; (4) liabilities; (5) reasonableness of profit and loss statement; (6) expected energy cost savings from the installation of the alternative energy systems or energy efficiency measures; and (7) other relevant experience.
Authorities
45.88.020
Notes
Authority
AS 45.88.020History
Eff. 9/11/85, Register 95; am 8/10/97, Register 143; am 9/7/2012, Register 203