Section 3.81.050. Collateral.  


Latest version.
  • A loan must be secured by collateral acceptable to the department, such as an assignment of future revenue and the proceeds of sale of surplus fish and eggs, and may include a mortgage or other security instrument in real property, buildings, machinery and equipment, and fixtures.  
    

Authorities

16.10.510;16.10.520

Notes


Authority
AS 16.10.510 AS 16.10.520
History
Eff. 9/11/85, Register 95