Section 3.86.045. Ability to repay.

Latest version.

The department will, in its discretion, consider the following factors in evaluating an applicant's ability to repay a proposed assumption:  
		(1) income history, including present income;  
		(2) prospects for future income;  
		(3) assets and their liquidity; and  
		(4) liabilities.

Authorities

45.81.200;45.81.210;01.05.031;45.95.010;45.95.020;44.62.125

Notes

Authority
 AS 45.81.200  
AS 45.81.210  
Editor's note: Acting under AS 01.05.031, the revisor of statutes renumbered former AS 45.95.010 as AS 45.81.200; former AS 45.95.020(a) as AS 45.81.210. As of Register 203 (January 2013), the regulations attorney made conforming technical revisions under AS 44.62.125(b)(6) to 3 AAC 86.045 to reflect the statutory renumbering.  
History Eff. 9/11/85, Register 95

References

3.86.045

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');