{"data":{"id":"us-ak/as-44.88.550","jurisdiction":"us-ak","citation":"AS 44.88.550","heading":"Interest on guaranteed loan.","body":"(a) The maximum interest rate that may be charged by a financial institution on a loan guaranteed by the authority is two and three-quarters percentage points above the prime rate.\n(b) If provision is made in the loan guarantee agreement, the interest rate on a loan guaranteed by the authority may increase or decrease in accordance with the changes in the prime rate.","path":["Title 44. State Government.","Chapter 88. Alaska Industrial Development and Export Authority.","Article 6. Business and Export Assistance Program."],"source_url":"https://www.akleg.gov/basis/statutes.asp#44.88.550","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:34Z","sha256":"fdb4a6b1310ddaaf7343aeb06c253675d8fb4ecf4deb104e6af1e2e0bb23043b","source_id":"us-ak","stale":false,"prev":"us-ak/as-44.88.545","next":"us-ak/as-44.88.555"},"notice":"GroundRules: Original legal text. Not legal advice."}