Section 3.99.200. Scope of article.  


Latest version.
  • The provisions of 3 AAC 99.200 - 3 AAC 99.290 apply to an application submitted to the authority for authority participation in a loan that is or could be financed by the issuance of bonds the interest on which is excluded from gross income for federal income tax purposes under the code, and which bonds are not secured solely by a project applicant or a project or by a qualified energy development applicant or a qualified energy development. A loan under the tax-exempt loan participation program is for permanent financing.  
    

Authorities

44.88.080;44.88.085;44.88.090;44.88.155

Notes


Authority
AS 44.88.080 AS 44.88.085 AS 44.88.090 AS 44.88.155 Editor's note: Even though the amendment of 3 AAC 99.200 was effective 4/25/2013, it was not published until Register 207, October 2013.
History
In effect before 1988; am 1/11/88, Register 106; am 11/30/90, Register 118; am 10/23/96, Register 141; am 2/11/99, Register 150; am 11/1/99, Register 153; am 4/25/2013, Register 207

References

3.99.200