Section 45.81.140. 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 or discount to any bank or other private purchaser for cash or other consideration the mortgages and notes held by the Department of Commerce, Community, and Economic Development as security for loans made under AS 45.81.100 - 45.81.190.
   (b)   [Repealed by Sec. 14 ch 122 SLA 1980].

Notes

History

(Sec. 1 ch 171 SLA 1972; am Sec. 1 ch 141 SLA 1974; am Sec. 24 ch 72 SLA 1979; am Sec. 14 ch 122 SLA 1980)

                    
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