 |
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 3.99. Commercial and Industrial Financing. |
|
Article 3.99.5. Development Finance Program. |
Section 3.99.875. Disbursement of loan money.
Latest version.
-
Loan money will be disbursed when (1) a security interest in the collateral is perfected for the benefit of the rural development initiative fund; (2) requirements of the loan committee have been met; (3) the applicant is in compliance with all other provisions of the loan documents, AS 44.88.600 - AS 44.88.620, and 3 AAC 99.825 - 3 AAC 99.899; and (4) the applicant has paid all required costs and fees.
Authorities
44.88.600;44.88.610;44.88.620