Section 16.10.360. Definitions.

In AS 16.10.300 - 16.10.370,
        (1) "commission" means the Alaska Commercial Fisheries Entry Commission;
        (2) "commissioner" means the commissioner of commerce, community, and economic development;
        (3) "debtor" means an individual commercial fisherman who either initially contracts for a loan under AS 16.10.333 - 16.10.337 or assumes a loan as provided in those sections;
        (4) "department" means the Department of Commerce, Community, and Economic Development;
        (5) "quota share" means a transferable license, permit, or right issued by the federal government that conveys a right to engage in a fishery in or off Alaska and to take a specified portion of the annual harvest quota for that fishery.

Notes

Recent Bills that will modify this

HB 112 REPEAL CFEC; TRANSFER FUNCTIONS TO ADFG

History

(Sec. 1 ch 134 SLA 1972; am Sec. 5 ch 83 SLA 1978; am Sec. 7 ch 73 SLA 1994)