Section 3.81.065. Disbursement of loan money.

Latest version.

Loan money will be disbursed when  
		(1) a security interest in the collateral on behalf of the state has been perfected;  
		(2) the borrower has complied with the insurance requirements contained in an instrument signed by the borrower;  
		(3) requirements of the loan committee have been met; and  
		(4) the borrower is in compliance with all other provisions of the loan documents and this chapter.

Authorities

16.10.510;16.10.520

Notes

Reference

3 AAC 81.075

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

                    
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