GroundRules
AS 44.88.710: Effect of guarantee.
Where this section sits in the code
- Title 44. State Government.
- Chapter 88. Alaska Industrial Development and Export Authority.
- Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.
(a) A guarantee under AS 44.88.700 — 44.88.799 does not create a debt or liability of the state.
(b) A guarantee under AS 44.88.700(a)(1) may not be terminated, cancelled, or revoked except under its terms. A guarantee held by a participating financial institution is presumed to be valid.
Collected 2026-09-02T06:19:34Z. Source file · JSON