GroundRules
AS 45.81.220: Sale or transfer of mortgages and notes.
Where this section sits in the code
- Title 45. Trade and Commerce.
- Chapter 81. Business Loan and Grant Programs.
- Article 3. Small Business Loans.
(a) The commissioner may sell or transfer at par value or at a premium or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Department of Commerce, Community, and Economic Development as security for loans made under AS 45.81.200 — 45.81.290.
(b) [Repealed, § 33 ch 141 SLA 1988.]
Collected 2026-09-02T06:19:44Z. Source file · JSON