Alaska Statutes (Last Updated: January 11, 2017) |
Title 44. STATE GOVERNMENT. |
Chapter 44.88. ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. |
Article 44.88.04. GENERAL ADMINISTRATIVE PROVISIONS. |
Section 44.88.165. Delinquent loans.
Latest version.
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The authority shall adopt regulations to describe the circumstances under which it will discontinue purchasing loans from a financial institution because of excessive delinquencies among the loans previously purchased by the authority from the financial institution. In adopting the regulations, the authority must consider the authority's delinquency experience with loans it purchased from all financial institutions. The authority may include in the regulations other remedies it considers appropriate as alternatives to the discontinuance of purchasing loans from the financial institution.
Notes
Implemented As
3 AAC 99.906
History
(Sec. 42 ch 115 SLA 1981; am Sec. 55 ch 113 SLA 1982; am Sec. 15 ch 123 SLA 1990)