Section 3.87.085. Reconsideration of an assumption request.

Latest version.

	(a)  If an assumption of a loan request is denied, inactivated, or significantly modified by the department, an applicant may file a written request for reconsideration within 30 days after receipt of notice of the department's decision.  
	(b)  The department will, in its discretion, reconsider a request upon a showing by the applicant that  
		(1) there has been a substantial change in the circumstances leading to the department's decision;  
		(2) additional relevant information can be provided to the department that was not initially available; or  
		(3) administrative errors were made by the department.

Authorities

27.09.040;27.09.050

Notes

Authority
 AS 27.09.040  
AS 27.09.050  
History Eff. 9/11/85, Register 95; am 8/10/97, Register 143

                    
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