Section 16.10.540. Voluntary assessment on sale of salmon.

Latest version.

   (a) An association of persons who hold entry permits under AS 16.43, that consists of at least 51 percent of the persons holding entry permits and actively participating in a fishery to be benefited by a hatchery program, may levy and collect an assessment from among its members for the purpose of securing and repaying a loan made under AS 16.10.510.
   (b) Upon satisfactory demonstration to the commissioner that an assessment levied under this section may reasonably be relied upon to secure and repay a loan to be made under AS 16.10.510, the commissioner may make the loan.
   (c)   [Repealed, Sec. 33 ch 14 SLA 1987].

Authorities

16.10.470;16.10.510;16.10.520

Notes

References

AS 16.10.470 Annual report.
AS 16.10.510 Powers and duties of the commissioner.
AS 16.10.520 Limitation on loans.

History

(Sec. 1 ch 190 SLA 1976; am Sec. 9 ch 59 SLA 1979; am Sec. 33 ch 14 SLA 1987)

                    
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