Section 37.17.660. Subsequent loans.

Latest version.

Subject to the provisions of AS 37.17.520(b), if the department determines that a BIDCO, after receiving a BIDCO capitalization loan, has performed well financially and in promoting the purposes of AS 37.17.500 - 37.17.690, and if more than four years have elapsed since the loan was made, the department may make an additional loan to the BIDCO, on the terms and conditions that the department considers appropriate.

Authorities

37.17.690

Notes

References

AS 37.17.690 Definitions.

History

(Sec. 5 ch 2 SLA 2004)

                    
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