Section 45.98.055. Disposal of property acquired by default or foreclosure.

Latest version.

The Department of Commerce, Community, and Economic Development shall dispose of property acquired through default or foreclosure of a loan made under this chapter. Disposal shall be made in a manner that serves the best interests of the state, and may include the amortization of payments over a period of years.

Notes

Implemented As

3 AAC 77.030
3 AAC 77.090

History

(Sec. 33 ch 79 SLA 1985)

                    
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