Section 14.43.151. Authority and procedure to administratively establish and enforce a collection order.

If a judgment in favor of the commission has not been entered by the court regarding a defaulted loan awarded under this chapter, the commission may establish a duty to repay the defaulted loan through a collection order using the procedures prescribed in AS 14.43.152 - 14.43.155 and may enforce the collection order. Action under this section may be undertaken at the commission's discretion if the borrower is in default under AS 14.43.145.

Authorities

14.42.030;14.43.145;14.43.152

Notes

References

AS 14.42.030 Functions, duties, and powers of the commission.
AS 14.43.145 Default.
AS 14.43.152 Initiation of administrative action to establish a collection order; required notice.

History

(Sec. 9 ch 63 SLA 2004)