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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.81. Fisheries Enhancement Loans and Grants. |
Section 3.81.082. Modifications.
Latest version.
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(a) A request for a modification to a loan made under AS 16.10.500 - 16.10.620 and this chapter will be processed in the same manner as a loan application. The department will, in its discretion, require one or more of the items specified in 3 AAC 81.010. (b) A loan committee may permit a loan modification only if the security of the state and its investment is preserved.