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 3.99.895. Reconsideration of loan request, assumption or modification.
Latest version.
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(a) If a loan request, assumption, or modification is denied, tabled, 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 sole discretion, reconsider a request upon a showing by the applicant that (1) there has been a substantial change in circumstances; (2) additional relevant information is provided to the department; or (3) administrative errors were made by the department.
Authorities
44.88.600;44.88.610;44.88.620