Section 44.33.270. Sale or transfer of mortgages and notes.

Latest version.

   (a) The commissioner of commerce, community, and economic development may sell or transfer at par value or at a premium to a bank or other private purchaser for cash or other consideration the mortgages and notes held by the department as security for loans made under AS 44.33.240 - 44.33.275.
   (b)   [Repealed, Sec. 14 ch 122 SLA 1980].

Notes

History

(Sec. 9 ch 253 SLA 1976; am Sec. 5 ch 153 SLA 1978; am Sec. 19 ch 72 SLA 1979; am Sec. 14 ch 122 SLA 1980; am Sec. 56 ch 21 SLA 1991)

                    
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