Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 3. Commerce, Community, and Economic Development. |
Part 3.1. Banking, Securities, Small Loans and Corporations. |
Chapter 3.86. Small Business Loan Assumptions. |
Section 3.86.082. Modifications.
Latest version.
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(a) A request for a modification to a loan made under AS 45.81 or assumed under 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 86.010. (b) A loan committee may permit a loan modification only if the security of the state and its investment is preserved.
Authorities
45.81.200;45.81.210;01.05.031;45.95;45.81;44.62.125;45.95.010;45.95.020
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 as AS 45.81. As of Register 203 (January 2013), the regulations attorney made conforming technical revisions under AS 44.62.125(b)(6) to 3 AAC 86.082 to reflect the statutory renumbering. 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 86.082 to reflect the statutory renumbering.History
Eff. 1/11/87, Register 101
References
3.86.082