Section 45.88.025. Eligibility.

To be eligible for a loan under AS 45.88.010 - 45.88.090, an applicant must
        (1) physically reside in the state and maintain a domicile in the state during 12 consecutive months before the date of application for a loan and may not have
             (A) declared or established residency in another state; or
             (B) received residency or a benefit based on residency from another state;
        (2) be at least 51 percent owned by individuals described in (1) of this section if the applicant is a corporation, joint venture, or partnership; or
        (3) be a nonprofit organization under AS 10.20.

Notes

Implemented As

3 AAC 78.025

References

3 AAC 78.025
3 AAC 78.080

History

(Sec. 23 ch 83 SLA 2010)