Section 3.80.205. Examination.

Latest version.

	(a)  The materials described in 3 AAC 80.200 will be processed and evaluated by a loan officer.  
	(b)  On the basis of the evaluation, the loan officer will either  
		(1) inactivate the application due to  
			(A) lack of information required under 3 AAC 80.200; or  
			(B) the ineligibility of the applicant; or  
		(2) 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

16.10.310

Notes

Authority
 AS 16.10.310  
History Eff. 10/16/2012, Register 204

                    
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