Section 44.29.220. Administration of loan program.  


Latest version.
  •    (a) The department may
            (1) adopt regulations necessary to carry out its functions under AS 44.29.210 - 44.29.230 and to administer the program required under 42 U.S.C. 300x - 4a, including regulations to establish reasonable fees for services provided, procedures for foreclosure proceedings, and procedures for collecting delinquent accounts;
            (2) establish amortization plans for the repayment of loans;
            (3) charge and collect the fees established under this subsection; and
            (4) contract for the servicing of loans made under AS 44.29.210.
       (b) [Repealed, Sec. 28 ch 90 SLA 1991].

Notes


History

(Sec. 1 ch 80 SLA 1990; am Sec. 28 ch 90 SLA 1991)